WICHITA, Kan .– (BUSINESS WIRE) – Koch Engineered Solutions (KES), a unit of Koch Industries Inc., today announced the formation of Koch Technology Solutions (KTS). As a technology licensing group within KES, KTS provides world-scale technology for licensing a growing portfolio along the polyester value chain, within the refinery room and for 1,4-butanediol and its derivatives, while also offering greater value to customers .
“The creation of Koch Technology Solutions is a testament to the real value that is created daily for Koch’s preferred partners. KTS will accelerate the rate of transformation across the board and strengthen relationships with customers served by both companies, ”said KES President Dave Dotson. “With a decades-long history of providing innovative solutions to order in various industries, KES is the perfect home for KTS.”
The company’s transformation from INVISTA Performance Technologies (IPT) to KTS reflects the growth of its ability as a technology licensing group. In recent years, IPT has expanded its offering and intensified its cooperation with KES, as both companies had an increasingly overlapping customer base for existing and emerging technologies across industrial value chains. KTS offers its customers a range of individually adaptable services – not only design, construction and commissioning, but also deeper integration with other KES functions with continuous access to knowledge and expanded opportunities for collaboration.
“We are focused on continuously expanding our scope of supply beyond traditional licensing offerings as the market changes, and KES has many additional features to help us do this,” said KTS President Mike Pickens. “We are confident that this move will enable us to create even greater value for our customers through beneficial proprietary equipment, additional services (including engineering, procurement and construction), and ongoing asset monitoring and optimization.”
About Koch Technology Solutions
KTS is the technology licensing group within Koch Engineered Solutions that provides the resources and expertise to provide world-scale technology for the licensing of a growing portfolio of technologies in the polyester value chain, inside the refinery, and 1,4-butanediol its derivatives. With KTS, the capabilities of plant process design and project execution are combined with expert know-how in functional engineering and production to provide unparalleled know-how in technology licensing. For more information, see kochtechsolutions.com.
About Koch Engineered Solutions
KES offers uniquely engineered solutions for mass and heat transfer, combustion and emissions control, filtration, separation, material applications, automation and actuation. Based in Wichita, Kansas, KES is a subsidiary of Koch Industries, one of the largest private companies in the world. KES offers superior value in the development, integration and application of innovative technical and service solutions for industrial value chains. For more information, see KochEngineeredSolutions.com.