INVISTA's Technology as well as Licensing Team, INVISTA Performance Technologies (IPT), as well as Fujian Billion Petrochemicals Co., Ltd. have reached an agreement to license INVISTA's latest purified terephthalic acid (PTA) procedure innovation for a ne

INVISTA's technology as well as licensing team, INVISTA Performance Technologies (IPT), as well as Fujian Billion Petrochemicals Co., Ltd. have reached an agreement to license INVISTA's latest purified terephthalic acid (PTA) procedure innovation for a new PTA line. The PTA line will certainly have a design ability of 2.5 million statistics tonnes each year and also will certainly be set up in Fujian Province, China.

Mike Pickens, IPT president, commented, "We are honoured that our advanced, industry-leading P8 technology has been selected. Our demonstrated capability to supply a fast schedule as well as that our modern technology is confirmed were crucial consider our option. This stands for a new phase for implementation of INVISTA's P8 PTA modern technology targeted at producing affordable advantage for our worldwide clients."

A kick-off conference was successfully kept in the week of August 13, 2018. The targeted project start-up day would certainly remain in August 2020. IPT's P8 PTA modern technology is available as a licence plan from INVISTA Performance Technologies. For more details, please visit the IPT Web site at www.ipt.invista.com.