Koch Industries establishes a new technology department

On May 10, Koch Engineered Solutions (KES), a subsidiary of Koch Industries Group, announced the establishment of Koch Engineered Solutions (KTS), which is an increasingly rich combination of polyester value chain, oil refining, and 1,4-butanediol and its derivatives Provide the world's leading technology licensing program, and will also create greater value for customers by strengthening the integration with KES capabilities.

It is reported that KTS is a transformation from INVISTA Advanced Technology (IPT). In recent years, IPT has expanded its scope of services and strengthened its cooperation with KES. Both businesses have more and more overlapping customers in the existing and emerging technologies of the entire industrial value chain. "KTS will comprehensively accelerate the speed of transformation and strengthen the relationship between the two companies and customers." KES President Dave Dotson said.

KTS will provide customers with a set of personalized customized services. In addition to design, construction and driving, it will also strengthen the in-depth integration with other KES capabilities, continuously enrich knowledge and increase cooperation opportunities. Mike Pickens, Global President of KTS, said: "As the market changes, we are focusing on continuously expanding our technology licensing business beyond the scope of traditional technology licensing. KES can complement our strengths and help us achieve this goal. We believe that this This will enable us to utilize advanced proprietary equipment, additional services (including engineering, procurement, and construction), as well as continuous device monitoring and optimization, to create greater value for our customers."