US-based fibre producer Invista plans to add 40,000 tonnes of nylon 6,6 polymer capacity at its polymer plant at the Shanghai Chemical Industry Park (SCIP) in China.
Construction at the facility, which currently operates at a 150,000 tonne capacity, is targeted for mid-2019 and production would begin in 2020.
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“We are continuing to make strategic investments to best meet our customers’ needs,” says 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, including a new adiponitrile (ADN) plant announced for China by 2023.
“We’ve invested more than US$1bn in the nylon 6,6 value chain in the past five years, have recently committed to investing $1bn more and are continuing to evaluate the market for additional opportunities in the future,” Brown adds.
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