Invista’s technology and licensing group, Invista Performance Technologies (IPT), and Fujian Billion Petrochemicals have partnered to license Invista’s latest purified terephthalic acid (PTA) process technology for a new PTA line.

The PTA line will have a design capacity of 2.5 million metric tonnes per year and will be installed in Fujian Province, China.

Mike Pickens, IPT president, commented: “We are honoured that our advanced, industry-leading P8 technology has been selected. Our demonstrated ability to deliver a fast schedule and the fact that our technology is proven were key factors in our selection. This represents a new chapter for deployment of Invista’s P8 PTA technology aimed at creating competitive advantage for our global customers.”

The targeted project start-up date would be in August 2020.

IPT’s P8 PTA technology is available as a licence package from Invista Performance Technologies. – TradeArabia News Service