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Global intermediates leader signs first PTMEG licensing project
03 Mar '08
3 min read
Both BDO (1,4 Butanediol) and PTMEG (Polytetramethylene Ether Glycol) are chemical intermediates. BDO is used in making polyester resins and polyurethanes, while PTMEG is a polyether glycol and is used as a building block in high performance polyurethanes, polyesters co-polymers and other polymers.
Typical end uses for PTMEG include spandex fibers, thermal plastic elastomers, and cast elastomers for apparel, automotive, heavy and light industrial uses.
INVISTA has been licensing its leading technologies in chemical intermediates and polymers in China since its first polyester license in 1990. The total investment of INVISTA's Chinese licensees has now exceeded RMB30 billion.
In addition to licensing its technologies, INVISTA has also been active in growing in the country through investments and acquisitions.
Last November the company signed a Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company for the construction of a state-of-the-art production plant at the Shanghai Chemical Industrial Park to meet the region's demand for nylon 6,6 intermediates and polymer.
In the same month it also announced expansion of its joint-venture spandex facility in Foshan, Guangdong Province and expansion at the company's LDZ joint-venture spandex site in Lianyungang of Jiangsu Province.
In addition, the company is building a nylon 6,6 airbag fiber plant and acquired a nylon carpet fiber plant, both located in Qingpu, Shanghai.
“We are committed to our growth in China for the long term, and we hope to help advance the development of technology and related industries through our various growth initiatives in China,” said Mr. Dobzelecki.
In China INVISTA has sales and administrative offices in Beijing, Shanghai, Guangzhou and Hong Kong SAR, as well as wholly owned and joint-venture manufacturing plants in Shanghai, Lianyungang and Foshan.
Typical end uses for PTMEG include spandex fibers, thermal plastic elastomers, and cast elastomers for apparel, automotive, heavy and light industrial uses.
INVISTA has been licensing its leading technologies in chemical intermediates and polymers in China since its first polyester license in 1990. The total investment of INVISTA's Chinese licensees has now exceeded RMB30 billion.
In addition to licensing its technologies, INVISTA has also been active in growing in the country through investments and acquisitions.
Last November the company signed a Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company for the construction of a state-of-the-art production plant at the Shanghai Chemical Industrial Park to meet the region's demand for nylon 6,6 intermediates and polymer.
In the same month it also announced expansion of its joint-venture spandex facility in Foshan, Guangdong Province and expansion at the company's LDZ joint-venture spandex site in Lianyungang of Jiangsu Province.
In addition, the company is building a nylon 6,6 airbag fiber plant and acquired a nylon carpet fiber plant, both located in Qingpu, Shanghai.
“We are committed to our growth in China for the long term, and we hope to help advance the development of technology and related industries through our various growth initiatives in China,” said Mr. Dobzelecki.
In China INVISTA has sales and administrative offices in Beijing, Shanghai, Guangzhou and Hong Kong SAR, as well as wholly owned and joint-venture manufacturing plants in Shanghai, Lianyungang and Foshan.
INVISTA
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