Invista has invested more than US$ 600 million in China to support the nylon market, including a 215,000-ton hexamethylenediamine (HMD) plant and the plant at the Shanghai Chemical Industry Park (SCIP), over the past five years. The company has also created multiple-generation improvements to the technology over the decades, recently setting production records with the placement of it’s latest technology in the US.
Invista plans to add 40,000 tons of nylon 6,6 polymer capacity at its current 150,000-ton polymer plant at the Shanghai Chemical Industry Park (SCIP). Construction is targeted for mid-2019 and production would begin in 2020.
This project aligns with Invista’s other recent announcements regarding additional capacity in the nylon 6,6 value chain, including the new adiponitrile (ADN) plant announced for China by 2023, and additional ADN capacity resulting from retrofits of Invista’s latest ADN technology at Butachimie, Invista’s joint venture with Solvay in France in 2019; and at Invista’s Victoria, TX, site, targeted for 2020.
Pete Brown, Invista vice president of nylon polymer quoted that, “We are continuing to make strategic investments to best meet our customers’ needs,†Also, “In looking at our forecast for the future growth of the nylon 6,6 polymer market, we see increased demand in Asia and are expanding our capacity to meet that demand.â€
Mr.Brown added that, “We’ve invested more than US$ 1 billion in the nylon 6,6 value chain in the past five years, have recently committed to investing US$ 1 billion more and are continuing to evaluate the market for additional opportunities in the future.â€
Sustainable fashion brand Virgio has partnered with Ola Electric to offer eco-friendly doorstep deliveries of its products during the festive…
Kingpins Hong Kong hosted its second annual pop-up event at the DX Design Hub, putting the spotlight on denim innovation…
The American Association of Textile Chemists & Colorists (AATCC) has signed a Memorandum of Understanding (MOU) with The Textile Association…
Under Armour, Hohenstein and PPT Group, has introduced a standardised method to measure microfibre release from textiles during simulated washing…
The RISE for Impact project is collaborating with farmers in the cotton supply chain to promote decent work by integrating…
Cosmo First has unveiled its new range of Paint Protection Films designed to protect vehicle exteriors with advanced features ensuring…