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

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Styrolution will open new production late 2014

July 30, 2014 12:54 pm ET

Germany-based styrenic materials group, Styrolution, has announced it is expanding its facility in Ludwigshafen, Germany.    More

Image

UMass Lowell hosts collaborative research meeting for future projects

July 30, 2014 11:54 am ET

The University of Massachusetts at Lowell recently hosted a seminar, which was billed as a collaborative research meeting between Dow Chemical Co.,...    More

Red Wave machine helps sort 4,000 metric tons of mixed plastics recycling

July 30, 2014 11:00 am ET

Redwave, the Austrian manufacturer of optical sorting machines for recycled plastics, supplied a line for the IMOG sorting facility in South West...    More

Herbold system removes foreign materials from recycling machine

July 30, 2014 10:55 am ET

Herbold Meckeshneim GmbH has developed an affordable, simple solution to remove foreign material that enters recycling machine, such as metal parts an...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

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

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events