Jiaxing Petrochemical use Invista’s P8 technology second PTA line

Jiaxing Petrochemical to use Invista’s P8 technology for second PTA line

6:02 AM, 28th July 2015
Jiaxing Petrochemical to use Invista’s P8 technology for second PTA line

SHANGHAI, CHINA: Invista Performance Technologies (IPT) and Jiaxing Petrochemical Co Ltd, a subsidiary of Tongkun Group Co Ltd said they have agreed for the licensing of Invista’s latest P8 process technology for Jiaxing’s second purified terephthalic acid (PTA) line. Jiaxing Petrochemical’s first PTA line, in operation since 2012, also utilizes Invista’s technology.

“I look forward to cooperation between both sides to ensure successful project execution of the second PTA line,” said Xu, president at Tongkun Group.

“The signing of the second PTA line license agreement represents the latest milestone in our relationship with Jiaxing and Tongkun. We are appreciative of the trust that chairman Chen Shiliang and his team have placed in Invista, recognizing that selection of industry-leading technology is critical for a good return on investment,” said Mike Pickens, IPT president.

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