USA: Market Trend Invista Talks about Future Growth of Nylon 6,6 Value Chain
Invista shared its views on the future growth of the nylon 6,6 value chain and also updated the audience on the company’s important Adiponitrile investments at the Wood Mackenzie American Nylon Conference that was recently held in Atlanta.
Kansas/USA – At the recently held Wood Mackenzie American Nylon Conference in Atlanta, Invista shared insights on the future growth of the nylon 6,6 value chain as well as updates on the company’s investments to bring additional adiponitrile (ADN) capacity to the market.
Eric Jones, managing director of commercial development for Invista, gave a presentation, ‘Supplying the Future of Nylon 6,6 Growth,’ highlighting the firm’s perspective on the market and its strong commitment to the nylon 6,6 value chain. Jones also shared data on how the superior technical performance of nylon 6,6 will impact future growth in key sectors, including automotive, electrical and electronics applications.
“Invista is investing billions of dollars to bring its latest ADN technology online as soon as possible at its existing facilities in addition to the new China ADN plant—all to help us meet both the short- and long-term needs of our customers and the value chains we support,” said Jones.
The company’s latest ADN technology brings improved product yields, reduced energy consumption, lower greenhouse gas emissions, enhanced process stability and reduced capital intensity, compared to existing technologies.
“As I shared in my presentation, we see the recent market tightness as a short-term imbalance resulting from increased demand and unforeseeable disruptions in the nylon 6,6 value chain,” said Jones. “We expect it will correct itself quickly through debottleneck work that we are performing at our sites to add more capacity. In fact, with strong production from our Texas facilities in 2018, we are already seeing improvements in supply to the market.”