Leading polyamide supplier Invista (Wichita, KS) has signed a Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company for a polyamide 6,6 resin site at the Shanghai Chemical Industry Park (SCIP).
The agreement is for additional land adjacent to Invista's planned 215,000-tonnes/yr hexamethylene diamine (HMD) feedstock plant slated for start-up in mid-2015 as well as an adiponitrile (ADN) feedstock plant and marks Invista's next step as it continues to make progress on plans for an integrated polyamide 6,6 polymer facility in China.
"It is our intent to build a world-scale polymer facility in a timeframe that would align with our HMD project," said Warren Primeaux, president of Invista Intermediates. "We believe China's continued strong GDP growth will drive increasing demand for durable goods-products that can be enhanced by the use of polyamide 6,6."...