MOSCOW (MRC) -- Jiangsu Honggang Petrochemical Co. will utilize Invista Performance Technologies' latest P8 purified terephthalic acid (PTA) technology for a new 2.4-million-t/y PTA line in China, as per Apic-online.
"This is the first time that Invista and Honggang would be collaborating to build state-of-the-art PTA assets," Invista noted. The project is expected to start up in the fourth quarter of 2020. No other details were given.
Honggang, a subsidiary of Shenghong Petrochemical, started up the first phase, a 1.5-million-t/y PTA line, in July 2014.
As MRC wrote before, in May 2018, Invista Performance Technologies (IPT) announced the success of its latest P8 PTA technology deployed on Jiaxing Petrochemical’s second PTA Line. Started up in record time in December 2017, the plant is now consistently operating at 100 percent design rate with a variable cost performance better than the target, firmly establishing Jiaxing Petrochemical’s second PTA Line as the global leader in terms of raw material and utility consumptions.
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