MOSCOW (MRC) -- Invista Performance Technologies (IPT), a world leader in fibers, resins and chemical intermediates, and Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Company Limited have announced successful start-up of Tunhe’s 46,000 tpa PTMEG line, as per Plastemart.
On-spec PTMEG product was achieved on April 22. Tunhe’s PTMEG line incorporates Invista’s latest methanolysis catalyst removal technology, further enhancing the competitiveness of Invista’s proprietary THF/PTMEG technology in terms of capital productivity, variable cost, footprint and environmental performance.
Tunhe also operates a 100,000 tpa butanediol (BDO) line utilizing INVISTA’s proprietary BDO technology with Butanol Recovery. Mr. Li Peng, chairman of Tunhe, commented, "The successful start-up of Tunhe’s PTMEG line demonstrated the advancement of Invista’s THF/PTMEG technology. Congratulations to both teams on the achievement of on-spec product. We look forward to extending the successful cooperation between Tunhe and Invista on a more long-term prospect involving expansion of Tunhe’s BDO asset, expansion of Tunhe’s polyester assets and backward integration into PTA."
Mike Pickens, IPT president, commented, "Over the past several years, we have been working with Tunhe to execute their capital investments in BDO and PTMEG. This successful start-up is another milestone in our evolving relationship and something both teams should be proud of. I have developed a deep respect for Chairman Li Peng and his team and I am grateful for the trust they have shown in us. I look forward to competing for future licensing opportunities and expanding our relationship as Tunhe pursues its vision for growth in the Xinjiang region."
As MRC informed previously, in 2015, Invista brought production of its TERRIN polyols to Europe via its facility in Vlissingen, The Netherlands. The site produced its first commercial TERRIN polyols in late 2014 and completed the requirements for REACH registration in Europe.
Invista is one of the world's largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications. With a business presence in over 20 countries, Invista's global businesses deliver exceptional value for their customers through technology innovations, market insights and a powerful portfolio of global trademarks.