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The picture shows the signing site
The picture shows the signing siteRecently, Nouryon, a global specialty chemicals company, and Chinese polyvinyl chloride (PVC) producer Shaanxi Beiyuan Chemical Group Co.
, Ltd.
(Beiyuan) signed a five-year patent licensing agreement
.
Nouryon will license its innovative continuous initiator addition technology (CiD) to Beiyuan, and will also supply it with Trigonox 187, a proprietary CiD initiator product
PVC has become one of the world's most widely used material for the production of many essentials, including pipes, cables, medical containers
.
With excellent flame retardancy, weather resistance, electrical insulation and ease of processing, it is mainly used in end markets such as construction, automobiles, and healthcare
"As the world's largest producer of PVC polymerization initiators, Nouryon is very pleased to cooperate with Beijing Yuan and introduce our technology to China
.
" Nouryon Polymer Specialty Chemicals Vice President Alain Rynwalt said, "Nouryon The CiD patented technology will help Beiyuan increase production, while improving production efficiency, product quality, production process safety, and reducing energy consumption
As a Chinese PVC manufacturer, Beiyuan has an annual production capacity of more than 1 million tons of PVC resin
.
Liu Yancai, general manager of Shaanxi Beiyuan Chemical Group Co.
Sobers Sethi, Senior Vice President of China and Emerging Markets of Nouryon, said: "Customers around the world are turning to CiD technology because they need more sustainable solutions
.
We are committed to sharing expertise in the Chinese market to help customers achieve growth.