Chinese PTMEG Startup
SHANGHAI, China (April 28, 2016) – INVISTA Performance Technologies (IPT) and Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Company Limited announced successful start-up of Tunhe’s 46,000-ton per annum PTMEG line. On-spec PTMEG product was achieved on April 22.
Tunhe’s PTMEG line incorporates INVISTA’s latest methanolysis catalyst removal technology, further enhancing the competitiveness of INVISTA’s proprietary THF/PTMEG technology in terms of capital productivity, variable cost, footprint and environmental performance.
Tunhe also operates a 100,000-ton per annum butanediol (BDO) line utilizing INVISTA’s proprietary BDO technology with Butanol Recovery.
Mr. Li Peng, chairman of Tunhe, commented, “The successful start-up of Tunhe’s PTMEG line demonstrated the advancement of INVISTA’s THF/PTMEG technology. Congratulations to both teams on the achievement of on-spec product. We look forward to extending the successful cooperation between Tunhe and INVISTA on a more long-term prospect involving expansion of Tunhe’s BDO asset, expansion of Tunhe’s polyester assets and backward integration into PTA.”
Mike Pickens, IPT president, commented, “Over the past several years, we have been working with Tunhe to execute their capital investments in BDO and PTMEG. This successful start-up is another milestone in our evolving relationship and something both teams should be proud of. I have developed a deep respect for Chairman Li Peng and his team and I am grateful for the trust they have shown in us. I look forward to competing for future licensing opportunities and expanding our relationship as Tunhe pursues its vision for growth in the Xinjiang region.”
INVISTA’s latest BDO, THF/PTMEG, PTA and polyester technologies are available as a license package from INVISTA Performance Technologies. For more information, please visit www.ipt.INVISTA.com.
Xinjiang Blue Ridge Tunhe Chemical Industry Joint Stock Co., Ltd is a high-tech company that perfectly combines advantages of international capital and local resources. The company focuses on the development and manufacturing of new chemical material, energy saving and environmental friendly building material with world advanced production equipment and cutting-edge technology. The company consists of four subsidiary companies: Polyester Company, PVC Profile Company, EPS New Material Company, Energy Company and nine centers respectively responsible for production, marketing, procurement and R&D and etc. The company is the market leader not only in north-west China but also in Central Asia with respect to scale, technology, diversified products and capability to develop new products tailor-made for its customers. A vertically integrated company, the company boasts of sufficient access to natural resources, advantageous location, continued technical innovation and renowned brand. Main products include EPS (expandable polystyrene), PET resin(polyethylene terephthalate) for bottles, PBT resin(polybutylene terephthalate) for engineering plastics, PBS (polybutylene succinate) biodegradable resin and PVC profiles and BDO, the total production capacity has reached more than 300,000 mt per year. For more information, visit www.Lanshantunhe.com.