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INVISTAs technology and licensing group, INVISTA Performance Technologies (IPT), and SASA Polyester Sanayi A.. (SASA) started an agreement on Aug. 25 for the grant of IPTs P8 process technology for SASAs PTA plan in Adana, Turkey.
With an annual PTA generation capacity of 1.5 million tonnes, this would be the biggest single-stream design capacity licensed by INVISTA. Built on the illustrated representation of IPTs P8 technology platform, the variable cost, capital productivity and environmental production of this PTA plant are anticipated to set new benchmarks in the industry.
Ibrahim Erdemolu, SASAs chairman, said, SASA will resume investing in polyester to the judgment itself as the principal polyester producer after China and India. This event will facilitate self-sufficiency in PTA, eliminating all PTA imports into Turkey.
This is also the first step of SASAs investment in petrochemicals with more investment in polyester, PTA and MEG to follow in Adana's Yumurtalik district. Mike Pickens, IPT president, said, Our corporations have a longstanding history of cooperation dating back to 1974 when SASA licensed IPTs polyester technology.
We are honoured that our industry-leading P8 PTA technology has been selected by SASA. The signing of this consent arrangement has great importance in terms of long-term collaboration between SASA and IPT.
