Jihua granted licence for Huntsman dyes
05/08/2016
The agreement, which takes effect immediately, will see Huntsman and Jihua sell the Super Black products under their respective tradenames. Jihua will also have the right to sub-license the products.
“The partnership with Jihua Group will significantly enhance our competitiveness in China which is a very important market for Huntsman”, said Rohit Aggarwal, president of Huntsman Textile Effects.
Jihua Group chairman, Shao Bojin, said the company are “extremely honoured” to have entered into a strategic agreement with Huntsman, which he described as a “global leader”. He added that the agreement would see Jihua’s “strengths in manufacturing” compliment “Huntsman’s extensive global reach and technological innovation”.