07.29.21
Nouryon has signed a five-year license agreement with Shaanxi Beiyuan Chemical Group Co., Ltd., a leading producer of polyvinyl chloride (PVC) in China. Under the agreement, Nouryon will license its innovative Continuous Initiator Dosing (CiD) technology to Beiyuan, and will supply its Trigonox 187 proprietary CiD initiator, which will be produced at Nouryon’s new site in Tianjin, China. The partnership with Beiyuan builds on Nouryon’s successful track record of supplying CiD technology to customers throughout EMEA (Europe, the Middle East and Africa) and the Americas.
“As the largest global producer of polymerization initiators for PVC, Nouryon is excited to partner with Beiyuan and extend our technology to China,” said Alain Rynwalt, Vice President Polymer Specialties at Nouryon. “Nouryon’s patented CiD technology will allow Beiyuan to increase reactor output, while improving productivity and energy consumption, product quality and operational safety.”
PVC has become one of the most widely used materials in the world for many essential products including pipes, electronic cables, medical containers and tubing. Due to its fire and weather resistance, its electrical insulation and blending versatility, it is used predominately in the construction, automotive and healthcare markets. According to GlobalData, the global PVC capacity is potentially increasing from 56 million tons in 2019 to 65 million tons in 2024, and China accounts for half of this increase. Beiyuan is one of China’s leading PVC producers.
“As the largest global producer of polymerization initiators for PVC, Nouryon is excited to partner with Beiyuan and extend our technology to China,” said Alain Rynwalt, Vice President Polymer Specialties at Nouryon. “Nouryon’s patented CiD technology will allow Beiyuan to increase reactor output, while improving productivity and energy consumption, product quality and operational safety.”
PVC has become one of the most widely used materials in the world for many essential products including pipes, electronic cables, medical containers and tubing. Due to its fire and weather resistance, its electrical insulation and blending versatility, it is used predominately in the construction, automotive and healthcare markets. According to GlobalData, the global PVC capacity is potentially increasing from 56 million tons in 2019 to 65 million tons in 2024, and China accounts for half of this increase. Beiyuan is one of China’s leading PVC producers.