Wilton, United Kingdom (May. 23, 2024) Recently, Sinopec Yizheng Chemical Fibre’s 3 million tons per year PTA project, utilizing Koch Technology’s latest P8++ technology, has been successfully commissioned, marking a significant milestone in Koch Technology Solutions’ (KTS) PTA technology licensing.
This facility represents the world’s largest single production capacity PTA unit and incorporates KTS’s cutting-edge short-process and intelligent production technology, poised to enhance Yizheng Chemical Fibre’s operational efficiency, equipment reliability, and investment returns. Within the P8++ PTA technology platform, KTS continues to refine environmental performance, reducing raw material and energy consumption, utilities usage, and waste emissions, thereby supporting Yizheng Chemical Fibre in achieving its environmental, social, and corporate governance (ESG) objectives.
Mr. Liu Jianjun, Deputy General Manager of Sinopec Yizheng Chemical Fibre Company, expressed his trust in KTS’s PTA technology, saying, on behalf of the Sinopec Yizheng team: “This is a significant step forward since we started our cooperation with KTS on our 2nd PTA plant back in 2000, and we will continue to deepen our long-term partnership. By bringing in industry leading PTA technology, we are very confident that it will enhance our overall competitiveness, satisfy the growing needs of domestic customers and the development of emerging industries.”
Adam Sackett, President of Koch Technology Solutions said, “We are delighted to witness the successful launch of Sinopec Yizheng Chemical Fibre’s groundbreaking PTA project, which marks a significant achievement in our longstanding collaboration. Koch Technology Solutions is committed to delivering industry-leading solutions that not only drive operational excellence but also align with our partners’ environmental objectives. The adoption of our P8++ technology by Sinopec Yizheng Chemical Fibre underscores the transformative impact of innovation on competitiveness and environmental stewardship within the petrochemical industry. I was fortunate to be part of the team that worked with Sinopec Yizheng in 2000 and KTS looks forward to further advancing our partnership to unlock future opportunities together.”
Koch Technology Solutions extends congratulations to Yizheng Chemical Fibre on the successful commissioning of the 3 million tons per year PTA project. We extend our gratitude to Sinopec International Business Company and Sinopec Yizheng Chemical Fibre Company for their trust in KTS, and to SEI and Sinopec No. 10 Construction Company for their collaboration. We anticipate further opportunities for cooperation with Sinopec in the future.
For more information on KTS’s industry-leading PTA technology, including its latest version of P8++ technology as a license package from KTS, please visit www.kochtechsolutions.com
About Koch Technology Solutions:
Koch Technology Solutions (KTS) is a technology licensing business, a part of Koch Engineered Solutions (KES). KTS creates value for our customers across a growing portfolio of technologies including the polyester value chain, direct lithium extraction, and 1,4-Butanediol plus its derivatives. We can combine our exclusive technologies, expertise, and capabilities with those of other KES companies to provide overall solutions to optimize your capital investments and existing manufacturing assets.
About Sinopec Yizheng Chemical Fibre:
Sinopec Corp. is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery products, petrochemical products, coal chemical products, synthetic fibre, and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information.
