Koch Industries-owned nylon, polyester, and specialty materials maker INVISTA announced plans Wednesday to expand the production capacity of its polymer plant in Shanghai, China.
“We are continuing to make strategic investments to best meet our customers’ needs,” Pete Brown, vice president of nylon polymer at INVSITA, said in a company press release outlining the project. “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.”
The company said construction on the site is slated to begin in mid-2019, with the facility becoming operational by 2020. When the project reaches completion, the site’s capacity for nylon 6,6 will be increased from 150,000 tn to about 190,000 tn.
This August, Powder & Bulk Solids reported that INVISTA will build a $1 billion manufacturing facility for adiponitrile (ADN) in China to support its nylon 6,6 value chain. The company is also retrofitting technology at an ADN plant operated under a joint venture with Solvay and its Victoria, TX facility.
“We have 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.”