Shanghai, China (Oct. 29, 2020) INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Huizhou) Co., Ltd, a subsidiary of Hengli Group (Hengli), have reached agreement to license INVISTA’s P8 PTA technology for two PTA lines.
Hengli Group is an international company that owns a diversity of business: petrochemical, advanced polyester materials, textiles, trading, finance and thermal power. Hengli already operates the largest PTA site in the world combined with the biggest performance fibre textile production base.
The two, newly agreed lines will be installed at Xiachong, Daya Bay, Huizhou City, Guangdong province, China. The kick-off meetin was successfully concluded on October 23, 2020, between Hengli, INVISTA and CTCI (the engineering contractor).
Hengli is also operating another five PTA lines on Changxing Island (Dalian), all of which utilise advantaged INVISTA PTA technology, with a total capacity of 12 million tonnes per annum.
Adam Sackett, IPT vice president PTA, commented: “We are very pleased that our industry-leading P8 PTA technology has been selected again by Hengli Group.
“Our companies have a decade-long cooperation, and we look forward to working together
on this new project, leveraging the learning on Hengli PTA 4/5 to deliver a successful project.”
INVISTA’s industry-leading PTA technology, including its latest version of P8
technology, is available as a license package from IPT.
Read more about our latest PTA technology.
Read the full release here.