INVISTA to license R²R Technology to Ariha Chemicals Private Limited
September 3, 2014 - St Gallen, Switzerland
INVISTA Technologies S.à r.l. and Ariha Chemicals Private Limited have reached agreement for the licensing of INVISTA’s R²R Technology.
The project, which will be installed at Taloja, Maharashtra State, India, will have an initial design capacity of 35,000 metric tonnes per year and will be the first stand-alone R²R facility licensed by INVISTA. This technology is a solution that should result in the recovery of valuable chemicals in the residues streams from multiple PTA plants.
Kumar Dharwadkar, Ariha director, said, “Ariha is excited to be embarking on this new venture that could benefit its environmental and variable cost performance by using the R²R Technology from INVISTA.”
Mike Pickens, the general manager for INVISTA’s technology and licensing group—INVISTA Performance Technologies—said, “INVISTA is pleased to have been chosen by Ariha for its project, which will focus on recovering benzoic acid and other materials from a residue waste stream.”
Market-leading R²R and purified terephthalic acid (PTA) technologies are available as licence packages from INVISTA. For more information, please visit the IPT website at www.ipt.invista.com.
With leading brands including LYCRA®, COOLMAX®, CORDURA®, STAINMASTER® and ANTRON®, INVISTA is one of the world’s largest integrated producers of chemical intermediates, polymers and fibers. The company’s advantaged technologies for nylon, spandex and polyester are used to produce clothing, carpet, car parts and countless other everyday products. Headquartered in the United States, INVISTA operates in more than 20 countries and has about 10,000 employees. For more information, visit INVISTA.com, Facebook.com/INVISTAglobal and Twitter.com/INVISTA.
Ariha Chemicals Private Limited, a company registered in Navi Mumbai, India, is launching a new project dedicated to the recovery of valuable chemicals from the residues generated by PTA plants. Ariha’s mission is to be a world leader in the residue recovery business with plants at multiple locations utilising the extensive experience of its founding partners coupled with ongoing R&D and latest available technology.In phase 1 Ariha plans to recover chemicals such as Benzoic Acid, Terephthalic Acid, Isophthalic Acid and catalyst metals from the residues. Ariha’s new plant is scheduled to be operational by the end of 2014. For more information, visit www.arihachemicals.com.
CONTACTS : INVISTA Kim Conlee, +1 316-828-1647 Kim.Conlee@INVISTA.com
Source: Business Wire India