Nilit has formed a joint venture for new nylon 6.6 manufacturing  with Shenma Industry, a subsidiary of China Pingmei Shenma Group.

The JV will construct a new plant meeting Nilit’s exacting standards for environmentally responsible production in Pingdingshan – the China Nylon City –that will build up to a production capacity of 20,000 tons in the next few years.

“We are pleased to announce this new greenfield joint venture in China with Shenma to introduce differentiated state-of-the-art technologies to support the local market,” says Nilit global general manager Ilan Melamed. “The collaboration will produce premium specialised products in fully drawn yarns (FDY), known for their outstanding strength and smoothness, and air textured yarns (ATY), providing unparalleled softness for the textile market, providing quality and performance within a highly competitive cost structure. The partnership is expected to open up new opportunities in end uses such as home textiles and the automotive industry, where strength, smoothness and durability are essential.”

The mutual benefits of the alliance include better market access, regulatory navigation and a competitive advantage under the market leadership of the Nilit team in China.

In addition, Nilit is also accelerating its plans to double the production capacity at its existing production site located in Suzhou, with Shenma as a minority shareholder.

www.nilit.com