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 itâ€™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 Invistaâ€™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 Invistaâ€™s latest ADN technology at Butachimie, Invistaâ€™s joint venture with Solvay in France in 2019; and at Invistaâ€™s Victoria, TX, site, targeted for 2020.
Pete Brown, Invista vice president of nylon polymer quoted that, â€œWe are continuing to make strategic investments to best meet our customersâ€™ needs,â€ Also, â€œIn 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, â€œWeâ€™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€
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