I D
× COMMENTARY
Digitalization Game ChangersGame Changers
The technologies associated with the Industrial Internet of Things, and…
COVER STORYIN THE NEWSNEWSFRONTSCHEMENTATOR + Show More
Chemical Engineering MagazineChementator Briefs
ANG fueling station Ingevity (North Charleston, S.C.; www.ingevity.com) has completed…
BUSINESS NEWSTECHNICAL & PRACTICALFEATURE REPORTFACTS AT YOUR FINGERTIPSTECHNOLOGY PROFILESOLIDS PROCESSINGEQUIPMENT & SERVICESFOCUSNEW PRODUCTS + Show More SHOW PREVIEWS

Comment

Invista signs first Middle East technology license for purified terephthalic acid

By Mary Page Bailey |

INVISTA’s (Wichita, Kan.; www.invista.com) technology and licensing group, INVISTA Performance Technologies (IPT), and Pan-Asia PET Resin (Guangzhou) Co., Ltd have reached agreement for the licensing of INVISTA’s latest purified terephthalic acid (PTA) process technology.

Pan-Asia will utilize INVISTA’s P8 PTA technology at a scale of 1.25 million metric tons per year (m.t./yr).. The plant would be built in Jizan Economic City, Saudi Arabia. This project signifies INVISTA’s first technology license in the Middle East.

Mike Pickens, IPT president, commented, “I’m glad that our industry-leading P8 technology has been selected by Pan-Asia in their strategic foreign investment. We look forward to the close relationship with Pan Asia’s team.”

Mr. Guan Lingxiang, Chairman of Pan-Asia, commented, “We are honoured to choose INVISTA as our technology licensor. This project demonstrates our support to the Belt and Road Initiative of Chinese government. We look forward to having further cooperation with INVISTA.”

The targeted project start-up date would be in the first quarter of 2021.

Related Content

Chemical Engineering publishes FREE eletters that bring our original content to our readers in an easily accessible email format about once a week.
Subscribe Now
Reduce Explosion Risk in 2 Seconds with In Situ Oxygen Analysis
Tunable Diode Laser Spectroscopy in Critical Applications
Non-Contacting Gas Sensors Minimize the Risk of Corrosion to Plant Equipment.
5 ways to Optimize Production of Polymers and Intermediate Petrochemicals
7 Ways to Achieve Process Safety in Chemical Production

View More

Live chat by BoldChat