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Industry News | Time: Sep 14 2018 9:46AM
INVISTA to add 40kt nylon 66 polymer capacity by 2020
 
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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.

“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 INVISTA’s 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 INVISTA’s latest ADN technology at Butachimie, INVISTA’s joint venture with Solvay in France in 2019; and at INVISTA’s Victoria, Texas, site, targeted for 2020
- ADN production records at INVISTA’s Orange, Texas, site

Brown added, “We’ve invested more than $1 billion in the nylon 6,6 value chain in the past five years, have recently committed to investing $1 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.


Source: Invista.com
[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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