Successful Demonstration of INVISTAs Latest P8 PTA Technology in China

INVISTA Performance Technologies (IPT) introduces the success of its latest P8 PTA modern technology deployed on Jiaxing Petrochemical's 2nd PTA Line. Started up in record time in December 2017, the plant is now continually operating at 100 percent design price with a variable expense efficiency better compared to target, firmly developing Jiaxing Petrochemical's second PTA Line as the global leader in terms of basic material and utility consumptions.

Mike Pickens, President of INVISTA Performance Technologies, commented, "It is a proud moment for IPT, seeing our P8 PTA modern technology show the performance and variable cost performance that we assured to the marketplace and our dedicated consumer, Jiaxing. This would not have been feasible without the outstanding team effort and thorough efforts placed in by Jiaxing Petrochemicals and IPT teams."

Mr. Xu, President of Tongkun Group, appreciates of the efficiency of Jiaxing Petrochemical's 2nd PTA line. He said, "The 2nd PTA line is running well, and we anticipate ongoing assistance from INVISTA for more optimization of the plant."

This represents yet one more major success by IPT in the innovative development and effective release of industry leading PTA technologies focused on producing affordable benefit for our global customers.

INVISTA's latest P8 PTA technology is available as a certificate package from INVISTA Efficiency Technologies. To find out more, please visitwww.ipt.INVISTA.com.

About INVISTA

With leading brand names including LYCRA , COOLMAX , CORDURA , STAINMASTER and ANTRON , INVISTA is among the world's biggest integrated producers of chemical intermediates, polymers and fibers. The company's advantaged technologies for nylon, spandex and polyester are used to create clothing, carpeting, air bags and many various other everyday products. A completely had subsidiary ofKoch Industries and headquartered in the United States, INVISTA has more than 50 places worldwide. For additional information, visitINVISTA.com, Facebook.com/ INVISTAglobal andTwitter.com/ INVISTA.
View resource version on businesswire.com: https://www.businesswire.com/news/home/20180524006525/en/.