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China: Purified Terephthalic Acid Production Invista Licenses Latest PTA Technology to China's Jiangsu Honggang Petrochemical

Editor: Alexander Stark

Invista’s technology and licensing group and Jiangsu Honggang Petrochemical have reached agreement for the licensing of the company’s latest purified terephthalic acid (PTA) process technology.

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Jiangsu Honggang Petrochemical will utilize Invista’s latest P8 technology for a new PTA line. (sample image)
Jiangsu Honggang Petrochemical will utilize Invista’s latest P8 technology for a new PTA line. (sample image)
(Source: Invista)

Shanghai/China — This is the first time that Invista and Honggang would be collaborating to build state-of-the-art PTA assets; a further recognition by the PTA industry of the many technology and schedule advantages which the engineering company delivers for its customers.

Honggang will utilize the P8 PTA technology at a scale of 2.4 million metric tonnes per year. Since 2012 the company has licensed nearly 21 million tonnes of PTA capacity, representing almost two-thirds of the license capacity awarded during this period. Of this capacity, 70 % would be based upon P8 PTA technology.

A kick-off meeting was successfully held in the week of Oct. 8, 2018. The targeted project start-up date would be in Q4, 2020.

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