INVISTA and Chongqing Jianfeng Sign BDO, PTMEG License Agreement     

INVISTA signed a technology licensing agreement with Chongqing Jianfeng Industrial Group Co., Ltd. to license its BDO (1,4-butanediol) and PTMEG (polytetramethylene ether glycol) manufacturing technologies to the Chinese company, INVISTA released on August 20th.
   Jian-Feng is building a manufacturing complex to produce BDO and PTMEG at Chongqing Chemical Industry Park in the Fuling District of the Chongqing Municipality, with an investment of RMB2 billion (approximately US$300 million).
   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.
   Chemical intermediate BDO is used in making polyester resins and polyurethanes, and PTMEG 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 RMB32 billion. The company has fully-owned and holding plants in China's Shanghai, Lianyungang, Suzhou and Foshan.