Invista Performance Technologies (IPT) the PTA industryâ€™s most prolific licensor, introduces an upgraded technology platform for the production of PTA, a basic raw material for polyester that offers licensees significant production efficiencies.
Invistaâ€™s latest technology offering - called P8 - delivers significant variable cost improvements through milder reactor conditions, improved energy integration and recovery. The process is a net electricity exporter with a reduced environmental footprint resulting from low energy and water usage and reduced waste generation.
According to Invista, the net effect is a greater than US$20 per tonne variable cost improvement compared to plants licensed just a few years ago and could be up to $40 per tonne advantage over competitorsâ€™ technologies.
Mike Pickens, IPT president informed that the PTA and polyester industries are extremely competitive. And, while their previous vintages of technology provided significant competitive advantage compared to alternatives, this new PTA platform drives their customersâ€™ variable and capital costs even lower. Their focus on process simplification, value engineering and layout optimization has resulted in a compact design that significantly improves the capital productivity.
Pickens further said that in this market environment, every tonne, every dollar must be optimized. Thatâ€™s why their focus has always been on safely and efficiently reducing variable costs and improving the capital productivity for their licensees. They have a proven track record of successful technology transfer with licensees quickly achieving design rates and performance parameters. With their reliable and efficient plants, most of their licensees continue to operate at high rates even in this arduous PTA market.
Since 2000, Invista has been involved with the start-up of 19 world-scale PTA plants and with five additional plants at various stages in the design and construction process. INVISTAâ€™s latest technology platform is protected by numerous granted and pending patent families, giving licensees the confidence to invest in todayâ€™s competitive environment.
INVISTA Performance Technologies has been licensing PTA and polyester technologies for more than 40 years, driving scale and variable cost reductions through innovations that deliver licensees a competitive advantage relative to other available technologies.
IPTâ€™s rigorous technology design process includes fundamental research, modelling, process and safety engineering, functional and operational expertise, and critical vendor developments.
This collective approach to design and technical services leverages the knowledge and expertise of IPTâ€™s personnel to deliver unparalleled value to the market.
For investors integrating along the polyester chain, IPT also offers world -scale polyester resin and textile CPs with more than 1million tonnes per annum of capacity started up in the past year and another 4 million tonnes per annum of capacity under execution.
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