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New pta plant was launched in hengli industrial park, china

New pta plant was launched in hengli industrial park, china Source: www.texleader.com.
Date: 25-09-2012
Visits: 269
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Hengli Petrochemical Industrial Park, which mainly produces purified terephthalic acid (PTA), began operations on Wednesday in Dalian, Northeast China's Liaoning province.

With a total investment of 26 billion yuan (USD4.12 billion), the project is expected to make an annual revenue of 200 billion yuan by 2015, according to Chen Jianhua, president of Jiangsu-based Hengli Group, one of the world's biggest weaving companies.

Chen said they have made great efforts to make the project environmentally friendly, using the advanced technology of US-based Invista, one of the world's largest integrated producers of polymers and fibers.

Li Wancai, mayor of Dalian, said the new PTA project has great significance for the extension of Dalian's petrochemical production chain and the structural adjustment of the industry.

The petrochemical park covers a planning area of 110 square kilometers. By 2030, it is expected to accommodate 40 million-tonne class oil refining, 7 million-tonne PTA and other petrochemical products, such as ethylene, propylene, PX, rubber, polyester and polyurethane.

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