Home / Knowledge / News / Textiles / Invista acquires full PTA & PET rights for Europe & Africa
Invista acquires full PTA & PET rights for Europe & Africa
13
Aug '12
INVISTA Performance Technologies has acquired from La Seda de Barcelona SA intellectual property relating to its leading purified terephthalic acid (PTA), polyethylene terephthalate (PET) and related process technologies, including the full rights to exclusively license the technologies in the region comprising Europe, the Middle East and Africa.

In 2000, the ownership of intellectual property and licensing rights for this region transferred to a regional joint venture company established by INVISTA’s and La Seda’s predecessors. Until today, licensing has required collaboration between the two companies.

As a result of the acquisition, INVISTA Performance Technologies can now offer its customers in Europe, the Middle East and Africa the same rapid, direct route to licensing that its customers in the rest of the world have always experienced.

“INVISTA is the global market leader in PTA technology licensing with more producers choosing to use our technology than any other,” said Mike Pickens, general manager of INVISTA Performance Technologies. “We continue to innovate, providing technology that offers low capital cost, low operating cost, high reliability and a small environmental footprint.

“To complement our leading PTA technology, we also offer leading PET technology that, amongst other benefits, provides the maximum plant capacity available in a single stream design. We are delighted to now be able to work directly with our customers in this region,” Pickens said.

INVISTA is one of the world’s largest integrated producers of polymers and fibers, primarily for nylon, spandex and polyester applications.

INVISTA

Must ReadView All

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Apparel/Garments | On 2nd Dec 2016

Aditya Birla Group to establish apparel unit in Odisha

Aditya Birla Retail and Fashion Ltd. (ABFRL) is establishing a new...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search