China: MOU Invista, Shanghai Chemical Industry Park Join Hands to Construct 400,000-tonne ADN Plant
The mega ADN project is estimated to cost more than 1 billion dollars and is expected to begin construction in 2020, and commence operations by 2022. ADN is important ingredient in the production of nylon 6,6, a versatile polymer used in various applications.
Shanghai/China – Representatives from Invista and the Shanghai Chemical Industry Park (SCIP) recently signed a memorandum of cooperation at a ceremony in Shanghai.
In attendance were Wu Qing, Vice Mayor of the Shanghai Municipal Government; Chen Mingbo, Deputy Secretary General of the Shanghai Municipal Government and Director General of the Shanghai Economy Informatization Commission; Ma Jing, Director General of the Shanghai Chemical Industrial Park Administration Commission; and Jeff Gentry, Chairman and CEO for Invista.
Engineering for a 400,000-tonne adiponitrile (ADN) plant is underway at an estimated investment in excess of 1 billion dollars. With support of the local authorities, the company expects construction to start in 2020, and start-up is expected to begin by 2022.
According to the memorandum of cooperation, Invista will advance its internal decision-making process for the project with strong support from the Shanghai Government and SCIP, including commitment to intellectual property protections and joint efforts to execute an investment agreement.
ADN is the key ingredient in the production of nylon 6,6, a versatile polymer used in many applications that improve people’s quality of life. Applications include engineered plastics, automotive airbag fabric, high-performance coatings and specialty apparel fibers.