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Nouryon, a global leader in specialty chemicals, recently signed a 5-year patent licensing agreement with Shaanxi Beiyuan Chemical Group Co.
, Ltd.
(Beiyuan), a leading polyvinyl chloride (PVC) producer in China.
Yuan has licensed its innovative Continuous Initiator Dosing (CiD) technology and will also sell and supply its proprietary CiD initiator product, Trigonox 187, which will be produced at Nouryon's new world-class facility in Tianjin
.
Nouryon Polymer Specialty Chemicals Asia Pacific Sales Director Li Zhiping (left) and
Ning Xiaogang, chief engineer of Beiyuan Group (right)
Sign a patent technology licensing agreement
Nouryon Polymer Specialty Chemicals Asia Pacific Sales Director Li Zhiping (left) and
Shan Jianjun, Deputy General Manager of Beiyuan Group (right)
Sign a product sales contract
"As the world's largest producer of PVC polymerization initiators, Nouryon is delighted to partner with Beiyuan and bring our technology to China," said Alain Rynwalt, Vice President, Polymer Specialty Chemicals, Nouryon.
The patented CiD technology will help Beiyuan to increase production while improving production efficiency, product quality, production process safety, and reducing energy consumption
.
PVC has become one of the most widely used materials in the world and is used in the production of many essential goods including pipes, cables, medical containers and more
.
Group photo of Nouryon and Beiyuan Group
Liu Yancai, general manager of Shaanxi Beiyuan Chemical Group Co.
, Ltd.
, said: "Through this agreement, we look forward to promoting the development of the PVC industry and creating more value in China
.
Sobers Sethi, Senior Vice President, China and Emerging Markets, Nouryon, said: "Customers around the world are turning to CiD technology as they demand more sustainable solutions
.