Invista licenses production of BDO and PTMEG to a Chinese enterprise

Invista has signed a technology licensing agreement with Sichuan Tianhua Fubang Chemical Co Ltd to license its BDO and PTMEG manufacturing technologies to the Chinese company. Sichuan Tianhua Fubang intends to invest RMB 2.4 billion in building manufacturing plants to produce these two products in Hejiang county of Luzhou city, Sichuan province.

"Tianhua Fubang was our first BDO licensee, and has now become our first PTMEG licensee. We have found Tianhua Fubang to be a company of the highest integrity with a strong technical background, an excellent operational capability, and a commitment to their customers," said Richard Dobzelecki, Asia Pacific vice president for Intermediates at Invista.

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 respectively.

Both BDO (1,4 Butanediol) and PTMEG (Polytetramethylene Ether Glycol) are chemical intermediates.