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You are here: Home Wilton Centre News News Archive 2006 02 Chinese delegates discuss technology during visit Login

Chinese delegates discuss technology during visit

February 2006

Senior representatives from the Bank of China

Mrs Barbara Kettle, INVISTA Performance Technologies Site Manager, welcomes Mr Jianlin Qiu, and senior representatives from the Bank of China led by Mr Yixin Ye to The Wilton Centre

INVISTA Performance Technologies at The Wilton Centre was pleased to welcome and host a visit by Mr Jianlin Qiu, Chairman of Zhejiang Yisheng Petrochemical Co. Ltd, and senior representatives from the Bank of China led by Mr Yixin Ye, while on a fact-finding tour of Europe and the UK.

During the visit to The Wilton Centre, the Chinese delegation discussed INVISTA Performance Technologies’ latest technology as well as opportunities for further projects and investment in China.

The visit was the first opportunity for Zhejiang Yisheng Petrochemical Co. Ltd to visit the UK since the start-up of its 530KMT/Y INVISTA Purified Terepthalic Acid plant in February last year at Ningbo, Zhejiang Province, China.

As a result of the successful start-up and performance of the first PTA Plant, which achieved design rates in five days and has continued to consistently operate at 100 per cent plus rates, Zhejiang Yisheng Petrochemical Co. Ltd signed a deal with INVISTA Performance Technologies to build a second plant at the same site.

This second project represents the continuation of a long and successful relationship between the two companies.

A key driver for this second project has been the success of INVISTA’s PTA technology in China, as well as INVISTA’s ability to fully integrate the existing plant with the second plant, maximising the benefits to Zhejiang Yisheng Petrochemical Co. Ltd and the Bank of China of their investment.

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