INVISTA has launched a plan to bring the latest adiponitrile technology to China to meet the huge demand for nylon 6,6 chemical intermediates. The design of the plant has begun, with a planned investment of more than 1 billion US dollars, at least 30 per year. 10,000 tons of adiponitrile, the goal is to start construction in 2020, and start production in 2023.
Mr. Kyle Redinger, Vice President of INVISTA Intermediates Asia Pacific, accepted the new position of 2017 Shanghai Magnolia Memorial Award winner Kyle Redinger, and is committed to meeting the long-term demand for adiponitrile in China through investment, construction and commercial cooperation.
'In view of China's strong demand for adiponitrile and its commitment to advanced, energy-efficient technologies, INVISTA's butadiene-based adiponitrile is the best choice for capital investment in China,' said Mr. Redinger. 'Invitro offers There are more adiponitriles in the market than any other manufacturer, so we want to make sure that these customers have the best technology. Our recent world-class factory was built 35 years ago, so it is now a special time for this industry; I am very proud to be able to lead INVISTA's new factory project.'
INVISTA has been working with several customers and industry insiders to develop a cooperative strategy to focus on meeting the needs of China's local adiponitrile. Adiponitrile is used in the production of nylon intermediates, fibers and other special materials such as those used in coatings. Methylene diisocyanate (HDI).
Mr. Bill Greenfield, President of INVISTA Intermediates, said, 'We are very pleased with the feedback we received. We believe that we will reach an agreement with selected partners in the coming months, and our shareholders agree to promote this project. Based on our large-scale investment in our existing adiponitrile plants, INVISTA's decision further demonstrates our commitment to the global development of the nylon industry.
In the past five years, INVISTA has invested more than US$600 million in China to support the nylon market, including 215,000 tons of hexamethylenediamine (HMD) plant and 150,000 tons of polymer plant in Shanghai Chemical Industry Park (SCIP). For several decades, INVISTA has also improved its technology for many generations, and recently deployed the latest technology in the United States to create production records.
'Invitro has been increasing its production capacity to meet market demand and will continue to do so in the future,' said Mr. Greenfield. 'We understand the industry's recognition of our technology, so we have been working hard to improve. We are very happy The government has always supported our projects and looks forward to working with relevant departments to promote further development.'