Home / Knowledge / News / Textiles / Global intermediates leader signs first PTMEG licensing project
Global intermediates leader signs first PTMEG licensing project
03
Mar '08
INVISTA, a world leader in fibers, intermediates and polymers, has signed a technology licensing agreement with Sichuan Tianhua Fubang Chemical Co Ltd to license its BDO and PTMEG manufacturing technologies to the Chinese company.

Sichuan Tianhua Fubang intends to invest RMB2.4 billion in building manufacturing plants to produce these two products in Hejiang County of Luzhou City, Sichuan Province.

Mr. Richard Dobzelecki, Asia Pacific vice president for Intermediates at INVISTA, and Mr. Yang Dong, chairman of Sichuan Tianhua Fubang Chemical Co Ltd, were present at the signing ceremony which was held in Chengdu on January 28, 2008, along with senior representatives from both companies and senior government leaders from Sichuan Province, Luzhou City and Hejiang County.

“We are excited about this project. Tianhua Fubang was our first BDO licensee, and has now become our first PTMEG licensee.

We have found Tianhua Fubang to be a company of the highest integrity with a strong technical background, an excellent operational capability, and a commitment to their customers.” said Mr. Dobzelecki.

“As a global leader in intermediates with leading technology INVISTA is proud to be working with major local players such as Tianhua Fubang to help grow the high performance elastomer industry.”

The licensing agreement covers the manufacturing processes, required technologies, product formulations as well as expert engineering services for the two plants with annual capacity of 60,000 tons of BDO and 46,000 tons of PTMEG respectively.

Must ReadView All

Textiles | On 23rd Jan 2017

Textile & clothing trade fair Momad Metrópolis begins Feb 3

Spanish textile and clothing trade fair Momad Metrópolis will be held ...

Apparel/Garments | On 23rd Jan 2017

Amazon opening ninth fulfilment centre in Texas

Amazon, the world biggest online retailer is opening its ninth...

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search