Invista is ending production of nylon feedstocks in Orange, Texas.
The site already has begun shutting down its adiponitrile (ADN) production and will stop production of hexamethylene diamine (HMD) by mid-2024, officials with Invista in Wichita, Kan., said in an Oct. 5 news release.
The shutdown is expected to eliminate 240 jobs. All impacted employees will be eligible for severance benefits.
In the release, President and CEO Francis Murphy said that lower than anticipated growth and an increase in global supply "led to this difficult decision."
"Ultimately, this decision was made to position our business to more competitively serve the long-term needs of our customers," he added. "We will remain the only ADN supplier that can meet the needs of its customers with regional production available in North America, Asia and Europe."
Murphy also said that, given long-term projections, Invista "is confident we'll be able to supply our customers and have the capacity to support additional growth in the nylon 6/6 value chain moving forward."
Invista is a major global supplier of nylon 6/6 resins, with production sites in South Carolina, Canada, the Netherlands and China. The firm also operates a polypropylene resin unit in Texas.