London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Sasa to license Invista PTA technology for new plant in Turkey

September 09/2020

MOSCOW (MRC) -- INVISTAs technology and licensing group, INVISTA Performance Technologies (IPT), and SASA Polyester Sanayi A.S. (SASA) reached an agreement on Aug. 25 for the license of IPTs P8 process technology for SASAs PTA project in Adana, Turkey, said the company.

With an annual PTA production capacity of 1.5 million tonnes, this would be the largest single-stream design capacity licensed by INVISTA. Built on the demonstrated performance of IPTs P8 technology platform, the variable cost, capital productivity and environmental performance of this PTA plant is expected to set new benchmarks within the industry.

Ibrahim Erdemoglu, SASAs chairman, said, SASA will continue to invest in polyester to position itself as the leading polyester producer after China and India. This agreement will enable self-sufficiency in PTA, terminating all PTA imports into Turkey. This is also the first step of SASAs investment in petrochemicals with more investment in polyester, PTA and MEG to follow in Adana's Yumurtalik district."

Mike Pickens, IPT president, said, Our companies have a long history of cooperation dating back to 1974, when SASA licensed IPTs polyester technology. We are honoured that our industry leading P8 PTA technology has been selected by SASA. The signing of this license agreement has great significance in terms of long-term collaboration between SASA and IPT."

IPTs industry-leading PTA technology, including its latest version of P8 technology, is available as a license package from IPT.

As MRC informed earlier, INVISTA Textiles (U.K.) Limiteds technology and licensing business, INVISTA Performance Technologies (IPT), and Jiangsu Jiatong Energy Co., Ltd, a subsidiary of Tongkun Group (Tongkun), have reached agreement to license INVISTAs latest P8 PTA technology for two PTA lines. These two lines will be installed in Rudong, Nantong City, Jiangsu province, China. Both lines deploy INVISTAs largest twin stream design respectively, utilising INVISTAs latest P8++ PTA 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.

According to MRC's ScanPlast report, Russia's estimated PET consumption totalled 367,720 tonnes in the first six months of 2020, up by 19% year on year. Russian companies processed 62,910 tonnes in June.


mrcplast.com
Author:Anna Larionova
Tags:PET-granulate, terephthalic acid, PET bottles, PET films, PET preforms, Invista.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe