Nouryon, a global specialty chemicals leader, has signed a five-year license agreement with Shaanxi Beiyuan Chemical Group Co., Ltd. (Beiyuan), 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 world-class 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.
“With this agreement, we look forward to advancing the PVC market and creating more value in China,” said Yancai Liu, General Manager at Beiyuan. “By automating the handling of polymerization initiators, PVC production will be a safer and more efficient process with less energy usage. We believe our partnership with Nouryon will keep us at the forefront of the industry and will help us to address increasingly stringent environmental and safety regulations,” said Liu.
“Our customers around the world are demanding more sustainable solutions and are therefore making the shift to CiD technology for PVC production," said Sobers Sethi, Senior Vice President of Emerging Markets and China at Nouryon. “We are committed to helping our customers grow in China by sharing our expertise. For Nouryon, helping our customers become more successful is the key to our long-term partnerships for mutual growth,” he said.
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About Nouryon
Nouryon is a global, specialty chemicals leader. Markets and consumers worldwide rely on our essential solutions to manufacture everyday products, such as personal care, cleaning goods, paints and coatings, agriculture and food, pharmaceuticals, and building products. Furthermore, the dedication of approximately 8,200 employees with a shared commitment to our customers, business growth, safety, sustainability and innovation has resulted in a consistently strong financial performance. We operate in over 80 countries around the world with a portfolio of industry-leading brands.
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