INVISTA and Shenma Group signed a new five-year adiponitrile purchase and sale agreement

On January 18, 2022, INVISTA (China) Investment Co.
, Ltd.
and China Pingmei Shenma Group formally reached a strategic cooperation to explore new opportunities for coordinated development through a number of agreements
.

The agreement includes:

Five-year purchase and sale of adiponitrile (ADN) and adipic acid (AA);

INVISTA Textiles (UK) LLC will license nylon 6,6 polymerization technology for two new production lines in Pingmei Shenma;

INVISTA will also license nitrous oxide (N ₂ O) elimination technology for Pingmei Shenma's adipic acid production
.

Pingmei Shenma is our important strategic partner.
By signing a new cooperation agreement, we hope to continue to deepen the cooperative relationship accumulated by each other in the past two decades
.
At INVISTA, we are committed to the comprehensive development of the nylon 6,6 value chain in a responsible manner, and we also expect our emission control technology to be applied as soon as possible in the production of adipic acid in Pingmei Shenma, which will bring more reductions.
Arrange results
.

INVISTA believes that its nylon 6,6 polymerization technology has high reliability, long operating life and lower energy consumption
.
Through this cooperation, Pingmei Shenma's two new continuous polymerization production lines will be equipped with this technology to increase production capacity and improve product quality with better safety and environmental performance
.

INVISTA's nitrous oxide (N ₂ O) elimination technology can significantly reduce N ₂ O emissions during the production of adipic acid, the upstream raw material of nylon 6,6.
6 The environmental impact of production will also respond to China's goal of reducing carbon emissions
.
The use of this technology in the Pingmei Shenma production facility can significantly reduce nitrous oxide emissions per year, equivalent to about 13 to 14 million tons of carbon dioxide emissions
.