Business Wire India
INVISTA’s Technology and Licensing Group, INVISTA Display Technology (IPT), and Hengli Petrochemical (Huizhou) Co., Ltd., a subsidiary of Hengli Group (Hengli), inked an agreement to license INVISTA’s P8TA technology to two PTA lines have taken. These two lines will be set up in Xiachong, Daya Bay, Huizhou City, Guangdong Province, China. On October 23, 2020, the kick-off meeting between Hengli, INVISTA and CTCI (engineering contractor) was successfully completed.
Henglei is also operating another 5 PTA lines on Changqing Island (Dalian), all of which use the facility invoiced PTA technology with a total capacity of 12 million tonnes per year.
IPT Vice President PTA Adam Sackett commented, “We are very pleased that our industry-leading P8 PTA technology has been re-selected by the Hengyley Group. Our companies have a decade-long collaboration, and we are on Hengy PTA 4/5 But look forward to learning and working together on this new project to deliver a successful project. “
INVISTA’s industry-leading PTA technology, including the latest version of P8 technology, is available as a license package from IPT. For more information, please visit the IPT website www.ipt.invista.com.
From fibers in their carpets to plastics in their automobiles, INVISTA’s commitment to continuous improvement has inspired its employees to develop some of the world’s most durable, versatile polymers and fibers. A subsidiary of Coach Industries since 2004, INVISTA markets nylon 6,6 and proprietary materials for recognized brands including STAINMASTER®, CORDURA® and ANTRON®. INVISTA also provides specialized chemical intermediates and process technologies. See big picture INVISTA.com.
About the Hangli Group:
The Henglei Group is an international company that owns a diversity of businesses: petrochemical, advanced polyester materials, textiles, trade, Miracle and thermal power. In 2019, Hengely’s total income was RMB 556.7 billion, ranking No. 181 on the Fortune Global 500 list. Hengely operates the world’s largest PTA site with the largest performance fiber textile production base.
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