According to Pete Brown, vice president of nylon polymers at Invista, “We are continuing to make strategic investments to best meet the needs of our customers.” We are increasing our capacity to satisfy the growing demand in Asia, according to our projection for the nylon 6,6 polymer market’s future expansion.
This project fits in with Invista’s other recent announcements about increased capacity in the nylon 6,6 value chain, such as the new adiponitrile (ADN) plant announced for China by 2023, as well as increased ADN capacity brought on by retrofits of Invista’s most recent ADN technology at Butachimie, Invista’s joint venture with Solvay in France, in 2019; and at Invista’s Victoria, TX, site, targeted for 2020.
“We’ve made over $1 billion in investments in the nylon 6,6 value chain.” In the past five years, have recently committed to investing US$ 1 billion more and are continuing to evaluate the market for additional opportunities in the future,” added Brown.
Over the past five years, 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). The company has also created multiple-generation improvements to the technology over the decades, recently setting production records with the deployment of its latest technology in the US.