In addition to updates on ADN supply/demand dynamics, he provided data on how the superior technical performance of nylon 6,6 will impact future growth in key sectors, including automotive, electrical and electronics applications. 

Realising full market potential

“I was pleased by the feedback received after the CCFEI presentation,” said Redinger. “This was not only a venue to discuss the benefits of nylon 6,6 but to also underscore Invista’s plan to meet the short- and long-term needs of our customers and the value chains we support—one of the key pieces being our recently announced China ADN plant that will be online by 2023 using our latest ADN technology.”

Invista’s latest ADN technology is designed to bring improved product yields, reduced energy consumption, lower greenhouse gas emissions, enhanced process stability and reduced capital intensity, compared to existing technologies.

“We have been watching and forecasting the increases in nylon 6,6 demand over time and planning our capacity investments accordingly. By our estimates, China could be the world’s largest market for nylon in the next five years, and we believe it’s important to serve China from China to realise the full potential of the market,” added Redinger.

Investment

With an investment in excess of US$ 1 billion for the new ADN plant, Invista will have invested in excess of US$ 2 billion over 10 years in its nylon 6,6 value chain globally, when the plant in China is complete. As China’s ADN demand is served by the new Invista facility, that will provide additional supply in all regions of the world to support global growth.

With leading brands including Lycra, Coolmax, Cordura, Stainmaster and Antron, Invista is one of the world’s largest integrated producers of chemical intermediates, polymers and fibres. The company’s advantaged technologies for nylon, spandex and polyester are used to produce clothing, carpet, air bags and countless other everyday products.

www.invista.com