Nouryon signs agreement to license CiD technology to Ukrainian PVC producer Karpatnaftochim
Nouryon signs agreement to license CiD technology to Ukrainian PVC producer Karpatnaftochim
Nouryon (formerly AkzoNobel Specialty Chemicals) announced today that it has reached agreement to license its continuous initiator dosing (CiD) technology to Ukraine-based PVC producer Karpatnaftochim.
CiD technology is used by polyvinyl chloride (PVC) manufacturers to improve reactor output with minimum capital expenditure, by fully utilizing existing cooling capacity in the PVC production process. PVC produced via CiD technology is recognized for its improved color quality and thermal stability over PVC produced through conventional methods. Moreover, CiD technology eliminates the risk of a runaway reaction, improving process safety.
“PVC is one of the most widely used plastics in the world. As an important manufacturer in a competitive market, we aim to incorporate solutions that give us an advantage,” says Ivan Pidsadyuk, General Director of Karpatnaftochim. “Nouryon’s CiD technology introduces unique benefits for us and our customers.”
“This partnership with Karpatnaftochim is another confirmation of our strong position in the PVC industry. Many customers have made the shift to our CiD technology, and we expect that the market for this technology will continue to grow as more users realize its advantages,” says Johan Landfors, Managing Director of Polymer Chemistry at Nouryon.
The decision was made by Shevchenkivskiy District Court of Kyiv on August, 18. We remind you that in July this year the assets of Kalush enterprise in the amount of more than 2,3 billion UAH as well as 35 real estate objects were seized. The decision was annulled after consideration by Shevchenkivskiy District Court the […]