At the 16th China International Caprolactam and Nylon Forum held recently, INVISTA analyzed the key role played by China's ADN in the future of nylon 6 and 6.
Kyle Redinger, Chairman of INVISTA China Investment Corporation and Vice President of INVISTA Intermediates, gave a speech entitled “The Role of China ADN in the Field of High Performance Nylon” and demonstrated INVISTA's supply chain for nylon 6,6 A major commitment.
Redinger said: "This speech received good feedback. This is not only a platform for discussing the use of nylon 6,6, but also witnessed INVISTA's plan to meet the short-term and long-term needs of all customers; and support industry supply. The determination of the chain: China's recently announced ADN plant using the company's latest ADN technology will be officially launched in 2023."
Compared to existing technologies, INVISTA's latest ADN technology will help increase production capacity, reduce energy consumption, reduce emissions, and improve processing stability and cost.
He added: "We have been paying attention to and watching the growth of nylon 6,6 demand and planning our capacity investment accordingly. According to our forecast, China will become the world's largest nylon market in the next five years. We believe that It is vital that China's domestic production meets China's needs and fully taps the market potential."
In addition to investing more than $1 billion to build a new plant, INVISTA will invest $2 billion over the next 10 years to focus on the global supply of nylon 6,6. The new plant will not only meet the needs of China's AND market, but also meet the market needs of other regions of the world.