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INVISTA to add 40,000 tons of nylon 6,6 polymer capacity by 2020

September 14/2018

MOSCOW (MRC) -- 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), as per BusinessWire.

Construction is targeted for mid-2019 and production would begin in 2020.

"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."

"We are continuing to make strategic investments to best meet our customers needs," said Pete Brown, INVISTA vice president of nylon polymer. "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."

This project aligns with INVISTAs other recent announcements regarding additional capacity in the nylon 6,6 value chain:

     - new adiponitrile (ADN) plant announced for China by 2023;
     - additional ADN capacity resulting from retrofits of INVISTAs latest ADN technology at Butachimie, INVISTAs joint venture with Solvay in France in 2019; and at INVISTAs Victoria, Texas, site, targeted for 2020;
     - ADN production records at INVISTAs Orange, Texas, site.

Brown added, "Weve invested more than USD1 billion in the nylon 6,6 value chain in the past five years, have recently committed to investing USD1 billion more and are continuing to evaluate the market for additional opportunities in the future."

INVISTA also has a 215,000-ton hexamethylenediamine (HMD) plant at SCIP.

As MRC informed previously, to combat a global shortage of nylon 6/6 resin, materials firm INVISTA will build a USD1 billion plant in Shanghai making adiponitrile, a key nylon 6/6 feedstock thats been in short supply, the company announced in April 2018.

INVISTA ranks as one of the worlds largest producers of fibers and related specialty chemicals and resins.


mrcplast.com
Author:Margaret Volkova
Tags:compounding, poliamid, Invista, Polyamide PA66, China, USA.
Category:General News
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