Invista obtains permit for new plant in Shanghai
In a time when everyone is itching to set up shop in China, international giant Invista has received an Environmental Impact Assessment (EIA) approval allowing them to construct a nylon factory in the heart of Shanghai’s Chemical Industrial Park.
The factory should be able to produce 215,000 tonnes of hexamethylene diamine (HMD) a year. This marks a significant milestone for INVISTA’s planned investments to create an integrated nylon 6,6 intermediates and polymer asset in the region.
Invista has indicated that the factory will be the most energy efficient facility of its kind. The company, owners of Lycra and Cordura, is looking to minimize its environmental impact through technological innovations.
“This new plant will give INVISTA and its customers a significant competitive advantage,” said Steve Kromer, INVISTA senior vice president, responsible for implementation of INVISTA’s integrated nylon 6,6 intermediates investment strategy in Asia. “With new local production, the plant will facilitate the growing needs of our Asia businesses and strengthen our position in the region as supplier of choice.”
The announcement follows news in November that the company is to launch Lycra production line in Singapore aimed at improving supply to a growing demand in Asia.
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