Headquartered in Urumqi, Xinjiang Province, China, Markor Group is a private company with businesses in furniture manufacturing, home furnishings and chemicals. Its subsidiary, Markor Chemical, produces methanol, formaldehyde, acetylene, tetrahydrofuran, and BDO in Korla, Xinjiang Province, China.
The licensing agreement covers the manufacturing processes, required technologies, product formulations and engineering services for the 100,000 t per year BDO plant. Chemical intermediate BDO (1,4-butanediol) is used in the manufacture of polyester resins, polyurethanes, and PTMEG (polytetramethylene ether glycol), which is used to make spandex fibres, thermal plastic elastomers, and cast elastomers for apparel, automotive, and industrial uses.
Invista has been licensing its technologies in chemical intermediates and polymers in China since 1990. The total investment of the company's Chinese licensees has now exceeded RMB 33 billion.