Invista's nylons business is boosting investment in China, announcing that it would site a previously announced polymer and feedstock chemical plant in Shanghai and that it plans to build a fiber plant for making car air-bag yarns there.
Wichita, Kan.-based Invista said May 9 that it would set up its planned world-scale nylon 6/6 polymer plant, along with production of adiponitrile and hexamethylene diamine, at the Shanghai Chemical Industry Park. The company had said in September that it was evaluating locations in Asia.
``Building this new facility is part of our strategy to quickly expand Invista's nylon 6/6 intermediates and polymer capabilities globally to serve our growing markets' needs,'' said Warren Primeaux, president of Invista Intermediates.
The facility will use Invista's proprietary butadiene-based ADN technology and would be the first facility of its kind built in Asia, the company said. Production is expected to start in 2010.
The company announced April 26 that it would build a nylon 6/6 yarn plant to produce fibers for automotive air bags in Shanghai's Qingpu Industrial Zone, to serve China's growing automotive market.
The US$50 million plant, with capacity of 22 million pounds a year, would give Invista air-bag fiber production in North America, Europe and Asia. Invista said it would be the first air-bag fiber maker with more than 20 million pounds a year capacity in China, and the first international firm to set up air-bag yarn manufacturing in the country.
That plant will be up and running by mid-2008, the company said.