Invista considering US expansion

By Frank Esposito
Senior Staff Reporter

Published: April 5, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers, NPE 2012

ORLANDO, FLA. (April 5, 6:30 p.m. ET) — Materials maker Invista unveiled a new grade of its Torzen-brand nylon 6/6 resin at NPE2012, and officials also commented on potential U.S. expansion plans.

The new material is being marketed as Torzen Marathon, and it aims to fill the gap between standard nylon 6/6 grades and higher-temperature nylons, engineering polymers executive vice president Kurt Burmeister said during a press event.

“There was a need for an improved temperature range,” he added. Torzen Marathon “can withstand high temperatures better than other types of nylon 6/6. It broadens the process window and gives 40-50 percent improvement in flow.”

Burmeister also said customers can use Torzen Marathon with tools that already have been cut for existing grades of nylon 6/6. The material now is being sampled by several customers for applications in the automotive and electrical/electronic sectors.

Wichita, Kan.-based Invista also is looking at expansion plans in the southeastern United States, where it already operates plants in Chattanooga, Tenn., and Camden, S.C. Burmeister said expansion could take the form of additional capacity at an existing site or through an acquisition.

He added that Invista – which claims to be the world’s largest nylon 6/6 maker – also is looking at potential acquisitions in Europe. The firm already has existing or contract manufacturing there in France, Germany, the Netherlands and the United Kingdom.

Burmeister declined to provide specifics, but he said that since 2009, Invista has increased its number of employees, expanded its product portfolio and grown its customer base. “We’re working with compounders around the world and increasing in-house capacity as well,” he said.

In the overall nylon 6/6 market, Burmeister said that global demand growth should range from 2-4 percent for the next few years. North America also is seeing a growing advantage in the form of an energy advantage from new natural gas discoveries and a potential lbor cost advantage in Mexico vs. China.

A Chinese plant also is in the works for Invista in Shanghai, where the firm will make nylon 6/6 intermediates and resins. A groundbreaking for the new plant is expected in early 2013. Plans for the plant originally were announced in 2007, but it was delayed by a slowdown in the global economy.

Invista is owned by manufacturing conglomerate Koch Industries of Wichita. The firm exited the commodity PET business in 2010 when it sold its production units to Indorama Ventures Public Co. Ltd. Later that year, Invista settled three lawsuits with DuPont Co. covering polymer technology, adiponitrile feedstock technology and disputes related to supply agreements. The disputes dated back to 2004, when Koch Industries bought the Invista fibers business from Wilmington-based DuPont.

At NPE2012, Burmeister said that Inivista no longer has any production restrictions on its materials.


Comments

Invista considering US expansion

By Frank Esposito
Senior Staff Reporter

Published: April 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Proposed Shell project draws more than 1,000 to informational meetings

April 17, 2014 2:03 pm ET

More than 1,000 people attended a pair of public meetings hosted by Shell Chemical LP on April 16 to discuss the possibility of building a major...    More

Image

Hedging can slow the resin rollercoaster

April 17, 2014 3:00 pm ET

The good old days — if they even ever existed — are gone, and.Andy VanPutte thinks volatility in the resin market is here to stay and...    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

Negri Bossi's new owners may 'bring significant manufacturing' to US

April 16, 2014 1:09 pm ET

Italian plastics equipment major Negri Bossi may “bring significant manufacturing of injection molding machines back to the United...    More

Image

Polyair rebuilds from Sandy with help from Process Control

April 16, 2014 4:11 pm ET

Hurricane Sandy gutted Polyair Inter Pack Inc.'s Carlstadt, N.J., plant more than a year ago, and Brian Clawson won't soon forget the devastation.    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events