Home / Knowledge / News / Textiles / INVISTA & Jian-Feng sign BDO, PTMEG license deal
INVISTA & Jian-Feng sign BDO, PTMEG license deal
28
Aug '09
INVISTA, a world leader in chemical intermediates, polymers and fibers, signed a technology licensing agreement with Chongqing Jian-Feng Industrial Group Co., Ltd. to license its BDO and PTMEG manufacturing technologies to the Chinese company.

Jian-Feng is investing RMB 2 billion (approximately $300 million US) in building a manufacturing complex to produce these two products at Chongqing Chemical Industry Park in the Fuling District of the Chongqing Municipality.

Mr. Li Xian Wen, vice general manager of the Jianfeng Industrial Group, and Mr. Jeff Gentry, chairman of the board of directors and CEO of INVISTA, participated in a signing ceremony held here today for the licensing deal. Also present were senior representatives from both companies and senior government leaders from the Chongqing Municipality, including Mayor Wang Hongju.

“We are proud to support Chongqing's continuing technological and industrial development through our licensing of BDO and PTMEG technologies,” said Gentry. “We admire the clear vision for Chongqing's continued growth as an industrial center being advanced by Mayor Wang and other Chongqing leaders.”

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.

“Our technology licensing organization, INVISTA Performance Technologies, has over 40 years of technology transfer experience and has participated in over 40 projects in China,” said Gentry. “We are pleased to provide Jian-Feng with the design and know-how for its manufacturing operation in Chongqing.”

Chemical intermediate BDO (1,4 butanediol) is used in making polyester resins and polyurethanes, and PTMEG(polytetramethylene ether glycol) is a polyether glycol 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, and industrial uses.

INVISTA has been licensing its leading technologies in chemical intermediates and polymers in China since 1990. The total investment of INVISTA's Chinese licensees has now exceeded RMB 32 billion.

INVISTA

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

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

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Karel Williams
Dow Microbial Control

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

Frank Gossmann
Rotorcraft AG

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Steve Cole
Xerium Technologies

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

Mark Paterson
Technical Absorbents Ltd

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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