Home / Knowledge / News / Textiles / INVISTA & Markor sign BDO license agreement
INVISTA & Markor sign BDO license agreement
02
Nov '10
INVISTA, a world leader in chemical intermediates, polymers and fibers, signed a technology licensing agreement with Markor Chemical for butanediol (BDO) manufacturing technology.

Headquartered in Urumqi, Xinjiang Province, China, Markor Group is a private company with businesses in furniture manufacturing, home furnishings and chemicals. Its subsidiary, Markor Chemical, produces methanol, formaldehyde, acetylene, tetrahydrofuran, and BDO in Korla, Xinjiang Province, China.

Mr. Feng Dongming, chairman and CEO of Markor Investment Group, and Mr. Jeff Gentry, chairman of the board of directors and CEO of INVISTA, participated in a signing ceremony for the licensing deal held here at INVISTA's headquarters. Also present were Mr. Cao Guang, chairman and CEO of Chengda Engineering Company, as well as senior representatives from both companies.

“We are proud to support Markor's continuing technological and industrial development through our licensing of BDO technologies,” said Gentry. “We appreciate Markor's trust and hope to see our collaboration with Markor extend into the future.”

The licensing agreement covers the manufacturing processes, required technologies, product formulations and expert engineering services for the 100-kt per year BDO plant.

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

Chemical intermediate BDO (1,4 butanediol) is used in the manufacture of polyester resins, polyurethanes, and PTMEG (polytetramethylene ether glycol), which is used to make 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 33 billion.

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

15 trade associations urge nations to safeguard WTO system

Apparel/Garments | On 15th Dec 2017

15 trade associations urge nations to safeguard WTO system

Fifteen trade and industry associations from across the world have...

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

Courtesy: H&M

Apparel/Garments | On 15th Dec 2017

H&M, Alibaba extend collaboration

H&M has extended collaboration with Alibaba with the opening of its...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search