Huntsman grants sole license for its patented reactive super black dyes
Commenting on the agreement, Rohit Aggarwal, President of Huntsman Textile Effects said, “We are very pleased to be partnering with Jihua Group on an exclusive basis in China for our patented reactive Super Black dyes. The partnership with Jihua Group will significantly enhance our competitiveness in China which is a very important market for Huntsman. Jihua Group is a market leader in China for the manufacture of dyes and intermediates with state-of-the-art facilities. With the increasing regulatory focus on environmental compliance, Jihua Group is a trusted partner who share our belief in sound environmental and ethical practices.”
The agreement announced today will set the foundation for the two parties to enter into further talks for a more extensive and broader strategic cooperation.