Chinese delegates discuss technology during visit
February 2006
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%2C+Chairman+of+Zhejiang+Yisheng+Petrochemical+Co.+Ltd%2C+and+senior+representatives+from+the+Bank+of+China+led+by+Mr+Yixin+Ye%2C+while+on+a+fact-finding+tour+of+Europe+and+the+UK.
During+the+visit+to+The+Wilton+Centre%2C+the+Chinese+delegation+discussed+INVISTA+Performance+Technologies%92+latest+technology+as+well+as+opportunities+for+further+projects+and+investment+in+China.%0D%0A%0D%0AThe+visit+was+the+first+opportunity+for+Zhejiang+Yisheng+Petrochemical+Co.+Ltd+to+visit+the+UK+since+the+start-up+of+its+530KMT%2FY+INVISTA+Purified+Terepthalic+Acid+plant+in+February+last+year+at+Ningbo%2C+Zhejiang+Province%2C+China.%0D%0A%0D%0AAs+a+result+of+the+successful+start-up+and+performance+of+the+first+PTA+Plant%2C+which+achieved+design+rates+in+five+days+and+has+continued+to+consistently+operate+at+100+per+cent+plus+rates%2C+Zhejiang+Yisheng+Petrochemical+Co.+Ltd+signed+a+deal+with+INVISTA+Performance+Technologies+to+build+a+second+plant+at+the+same+site.%0D%0A%0D%0AThis+second+project+represents+the+continuation+of+a+long+and+successful+relationship+between+the+two+companies.%0D%0A%0D%0AA+key+driver+for+this+second+project+has+been+the+success+of+INVISTA%92s+PTA+technology+in+China%2C+as+well+as+INVISTA%92s+ability+to+fully+integrate+the+existing+plant+with+the+second+plant%2C+maximising+the+benefits+to+Zhejiang+Yisheng+Petrochemical+Co.+Ltd+and+the+Bank+of+China+of+their+investment.