Invista signs deal for nylon 6.6 plant in China - sportstextiles: Lea SportsTextiles

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Invista signs deal for nylon 6.6 plant in China

16/05/2013
Polymers and fibres producer Invista has signed a land reservation agreement with the Shanghai Chemical Industry Park Development Company for a nylon 6.6 polymer site at the Shanghai Chemical Industry Park.

The agreement is for additional land adjacent to its planned hexamethylene diamine (HMD) and adiponitrile plants and marks Invista’s next step towards an integrated nylon 6.6 polymer facility in China.

“It is our intent to build a world-scale polymer facility in a time frame that would align with our HMD project,” said Warren Primeaux, president of Invista Intermediates. "We believe China's continued strong GDP growth will drive increasing demand for durable goods - products that can be enhanced by the use of nylon 6.6."

Invista has taken a keen focus on China as one of the most important places for growing its proprietary nylon technology. The company's plan for an integrated asset exceeds $1 billion, the largest capital investment undertaken by Invista to date.

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