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Hengli operates its new No.5 PTA plant in Dalian at around 85%

July 13/2020

MOSCOW (MRC) -- Hengli Petrochemical Co Ltd ramped up the operation rate of its new No. 5 purified terephthalic acid (PTA) line at Dalian to around 85% over the weekend, reported S&P Global with reference to two sources familiar with the matter. 

The company managed to produce prime grade PTA cargoes at its new PTA line in China on 30 June.

This line was successfully launched on 28 June, 2020.

Based in Dalian, China, the company has 5 PTA plants with combined production capacity of 11.6 million tons/year,  making Hengli Group the world's largest PTA producer, as each PTA plant has production capacity of 2.5 million tons/year.

A source closed to the company informed that the team has working hard to ensure the plant startup progress, whereby they spent only around 14 months from ground breaking to plant startup.

As MRC reported earlier, Hengli Petrochemical (Dalian) Co. reached full rate at its No. 4 PTA line in Dalian City in mid-March, 2020. The 2.5-million-t/y PTA line, which came online in January 2020, utilizes Invista's P8 PTA technology.  The line also produces benzoic acid, using Invista's RP2PR technology.

PTA is used to produce polyethylene terephthalate (PET), which is used in the manufacturing of plastic bottles, films, packaging containers, in the textile and food industries.

As per MRC's ScanPlast report, May estimated PET consumption in Russia amounted to 70,170 tonnes, which corresponds to the level of consumption last year (70,450 tonnes). In total for the period January - May of this year, the estimated PET consumption in the Russian Federation amounted to 304,310 tonnes of material. This is 3% lower than the same indicator in 2019.

Hengli Petrochemical Co., Ltd. manufactures chemical fibers. The Company researches, produces, and sells polyester filament and chips for consumer and industry products. Hengli Petrochemical markets it products worldwide.


mrcplast.com
Author:Margaret Volkova
Tags:PET-granulate, terephthalic acid, packaging, Hengli Petrochemical, China, Rossiya.
Category:General News
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