London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Invista breaks ground on Shanghai adiponitrile

June 17/2020

MOSCOW (MRC) -- Invista’s world-scale adiponitrile (ADN) plant began construction on Tuesday in the Shanghai Chemical Industry Park (SCIP) in Jinshan District. The construction is one of Shanghai’s 152 major projects for 2020, said Chemweek.

Investment in the plant will total more than 70 billion yuan (USD9.89 billion). When completed in 2022, it will supply 400,000 tons of ADN a year to China and the Asia Pacific region.

Vice Mayor Wu Qing said at the site that “The Shanghai government will continue to support the project and is looking forward to its completion by 2022."

Ma Jing, director of the park’s administrative committee, said: “Within 10 months, Invista has successfully initiated the construction of the ADN facility with support from all parties. The ADN project enriches the product chain of SCIP while improving the quality of the Shanghai chemical industry."

On a video link, Jeff Gentry, chairman and CEO of Invista, said: “The growing demand for high-quality nylon products in China and the Asia-Pacific region, and the continued optimization of the business environment in Shanghai give us the confidence to continue investing in Shanghai."

Adiponitrile is an intermediate chemical used in the production of nylon 6,6 for use in the automobile industry, electrical and electronic industry and in many other consumer and industrial applications.

Bringing ADN technology to China will reduce the country’s dependence on imports with estimated to become the world’s largest consumer of nylon in the next few years, according to Invista.

Invista is one of the world’s largest producers of chemical intermediates, polymers and fibers. It is owned by Koch Industries, America’s largest privately held company. Since 2014, it has invested more than 4 billion yuan in manufacturing facilities in the Shanghai park.

As MRC informed earlier, Invista  technology and licensing group, INVISTA Performance Technologies (IPT), and Hengli Petrochemical (Dalian) Co., Ltd (Hengli) are pleased to announce that Hengli’s 4th PTA line utilising Invista P8 Process Technology has met all performance guarantees. Hengli’s 4th PTA line of 2.5 million tonnes per annum capacity, located in Changxing Island, Dalian City, Liaoning Province, utilising Invista  P8 PTA technology with industry leading variable cost, capital productivity and environmental performance, came online on January 8th, 2020. This PTA line also produces benzoic acid as co-product, utilising INVISTA’s proprietary R2R technology.

Àccording to MRC"s DataScope report, April imports amounted to 16,600 tonnes, 26% more than the previous month. External supplies of material were at the level of 14,100 tonnes in April last year. The volume of supplies of bottle grade PET from China to Ukraine over the fur months of the year fell almost three times: from 36,400 tonnes in January-April 2019 to 12,200 tonnes.


mrcplast.com
Author:Anna Larionova
Tags:PET-granulate, terephthalic acid, Invista.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe