Invista Licenses BDO and PTMEG Technology to Chinese Firm

Invista says it has signed a deal to license its 1,4 butanediol (BDO) and polytetramethylene ether glycol (PTMEG) technology to Chongqing Jian-Feng Industrial Group (Shapingba, Chongqing municipality, China). Jian-Feng is investing about $300 million to build a manufacturing complex to produce BDO and PTMEG in the Chongqing Chemical Industry Park at Fuling, Chongqing, China. The licensing agreement covers the manufacturing processes, required technologies, product formulations as well as engineering services for the two plants with production capacity of 60,000...

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