(BUSINESS WIRE) --INVISTA’s
technology and licensing group, INVISTA Performance Technologies (IPT),
and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to
announce that Hengli’s 4th PTA line utilising INVISTA’s P8 Process Technology has met all performance guarantees.
Hengli’s 4th PTA
line of 2.5 million tonnes per annum capacity, located in Changxing
Island, Dalian City, Liaoning Province, utilising INVISTA’s P8 PTA
technology with industry leading variable cost, capital productivity and
environmental performance, came online on January 8th, 2020. This PTA line also produces benzoic acid as co-product, utilising INVISTA’s proprietary R2R technology.
Hengli’s 4th PTA
line was executed in record time of 22 months from engineering kick-off
meeting to start-up. Both parties demonstrated extraordinary commitment
under the difficult circumstances. INVISTA’s commissioning team
provided Hengli with onsite and remote technical support to optimise the
plant performance in quick time.
Adam
Sackett, IPT vice president PTA, commented, “This is the latest in a
series of successful collaborations between the teams of both companies
and I congratulate Hengli on achieving this significant milestone on
Line 4. Whilst Hengli Line 4 has already demonstrated industry leading
variable cost performance, we will continue to support Hengli to further
optimise the plant.”
Chen
Xinhua, vice chairman of Hengli, expressed his trust in INVISTA’s PTA
technology, saying, “We are honoured to choose INVISTA’s world class P8
PTA technology. We appreciate INVISTA’s excellent support throughout the
whole project lifecycle. We look forward to ongoing cooperation with
INVISTA in the future.”
INVISTA’s
industry-leading PTA technology, including its latest version of P8
technology, is available as a license package from IPT. For more
information, please visit the IPT website at www.ipt.invista.com.
About INVISTA:
From
the fibers in your carpet to the plastic in your automobiles, INVISTA’s
commitment to continuous improvement has led its employees to develop
some of the most durable, versatile polymers and fibers in the world. A
subsidiary of Koch Industries since 2004, INVISTA brings to market the
proprietary ingredients for nylon 6,6 and recognized brands including
STAINMASTER®, CORDURA® and ANTRON®. INVISTA also offers specialty
chemical intermediates and process technologies. See the bigger picture
at INVISTA.com.
About Hengli Group:
Hengli
Group is an international company that owns a diversity of business:
petrochemical, advanced polyester materials, textiles, trading, finance
and thermal power. In 2019, Hengli’s total revenue was 556.7 billion
RMB, ranking No. 181 in the Fortune Global 500 list. Hengli operates the
largest PTA plant in the world combined with the biggest performance
fibre textile production base.
Contacts
Shelley Zhang
INVISTA
+8621 6389 9202
Shelley.Zhang@INVISTA.com
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