Wichita, Kansas - Chemical intermediates, polymers and fibre supplier Invista has signed a technology licensing agreement with Chinese company Markor Chemical for butanediol (BDO) manufacturing technology.
The agreement covers the manufacturing processes, required technologies, product formulations and expert engineering services for Markor to build a 100-kilotonnes-per-annum BDO plant in Xinjiang Province, China.
Markor Group, headquartered in Urumqi in Xinjiang, 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.
Feng Dongming, chairman and ceo of Markor Investment Group, and Jeff Gentry, chairman of the board of directors and ceo of Invista, took part in a signing ceremony for the deal at Invista's headquarters in Wichita, Kansas. Also present were Cao Guang, chairman and ceo of Chengda Engineering Co., among 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, in a 1 Nov Invista statement, noting that Invista hopes to extend its collaboration with Markor in future.
"Our technology licensing organisation, Invista Performance Technologies, has over 40 years of technology transfer experience and has participated in more than 40 projects in China," added 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 fibres, thermoplastic polyurethane elastomers, and cast PU elastomers for clothing, automotive, and industrial uses.
Invista said it has been licensing its leading technologies in chemical intermediates and polymers in China since 1990, adding that the total investment of Invista's Chinese licensees has now exceeded RMB 33 000 million ($4943 million).