INVISTA reaches another milestone in the Chinese market

On November 25, INVISTA invested more than 7 billion yuan to build an annual production base of 400,000 tons of adiponitrile in Shanghai
.
As INVISTA's largest investment project in history, the adiponitrile base will become an important part of INVISTA's nylon 66 value chain, injecting "water at the source"
into the subsequent development of Shanghai's nylon industry and the creation of a future materials industry cluster.

According to INVISTA, INVISTA's production site uses INVISTA's most advanced butadiene method to produce adiponitrile
.
The technology offers clear advantages in terms of manufacturing cost, commercial scale and overall efficiency, with greenhouse gas emissions reduced by 60% compared to the propylene process and 80%
less than the adipic acid process.
After the project is fully put into operation, it can support the production
of 800,000 tons of nylon 66 per year.
INVISTA executives said this marked a new chapter
in INVISTA's local development in China.

Based on China and serving China

Li Kai, vice president of INVISTA's nylon intermediates business in Asia Pacific, said that since 2014, INVISTA has invested more than 12 billion yuan in the Shanghai Chemical Industry Park, building a world-class hexanediamine production base, a nylon 66 polymer production base and a newly completed adionitrile production base
.
In addition, INVISTA's nylon 66 polymer production site capacity doubling project began at the same time, and the new INVISTA Asia Pacific R&D Center officially opened
.
This underscores INVISTA's confidence in industry growth and strong commitment to
the Chinese market.

"The announcement of INVISTA's adiponitrile manufacturing site is an important step in INVISTA's long-term strategic investment and demonstrates
INVISTA's ongoing commitment to serving China," said Kangrui Kong, vice president of global operations for INVISTA's nylon business unit.
He said that when INVISTA's adionitrile production base is fully operational, it will provide key basic raw materials for the production of nylon 66 and other high-performance materials in China and even the Asia-Pacific region, and Shanghai will also become one of
the cities with the most complete nylon 66 industrial chain from adiponitrile to high-performance polymers.

Innovation is the core of enterprise development

Kong Kangrui said that innovation is at the heart of
INVISTA's development.
INVISTA will leverage the Asia Pacific Innovation and Innovation Center, a key part of its global R&D network, to better understand Asian market needs, particularly in China
.
INVISTA will use this adiponitrile manufacturing site as an opportunity to integrate its nylon 66 value chain, Asia Pacific R&D center, and existing hexanediamine and nylon 66 polymer manufacturing sites to deepen INVISTA's integrated manufacturing R&D capabilities
from raw material and high-performance polymer supply to application development.

"INVISTA is innovation-based and has been committed to improving existing production technologies, and the pursuit of innovation is engraved in
INVISTA's DNA," Kong emphasized.
With the use of INVISTA's Asia-Pacific R&D Center, the company will establish a downstream-oriented development team in China and establish contacts and business with some OEMs and component factories
.
In the future, INVISTA will continue to expand the application scope of nylon 66 in automotive, electrical and electronics, consumer goods and other aspects to help the development of
downstream applications.
In addition, the blooming of the downstream market will broaden the market space for the application of nylon 66, and also provide cooperation opportunities
for the R&D Center to support customers in material development, component manufacturing and practical applications, and co-create solutions with customers.
”

Accelerate the expansion of the Chinese market

Fangfang Dou, INVISTA Intermediates' Asia Director, said: "The commissioning of INVISTA's adiponitrile project has changed the previous situation that almost all of China's nylon 66 value chain relied on imported adionitrile, and also created conditions
to further stimulate the potential of the Chinese market and promote the development of new applications.
”

According to Wood McKinjae, by 2030, the compound annual growth rate of global nylon 66 is about 2%, and the compound annual growth rate of the Chinese market is about 5%.

The fastest growing application areas are automotive and E&E
.
Li Kai said that in order to meet the demand of the Chinese market, INVISTA is building a nylon 66 polymer production base capacity doubling project
.
The $1.
5 billion investment will increase INVISTA's nylon 66 polymer production site to 400,000 tonnes
.
With this increase, INVISTA hopes to continue to improve its responsiveness to meet the growing demand
for engineering plastics in automotive, electrical and electronics applications.

In the past year, INVISTA accelerated its industrial chain cooperation and reached cooperation with China Pingmei Shenma Group, China Resources Yantai Nylon Co.
, Ltd.
, Shanghai Jieda Nylon Material Co.
, Ltd.
, etc.
, to produce more and higher quality nylon 66 products through nylon 66 polymerization technology licensing and raw material supply, and deliver these products to downstream manufacturing to support advanced and high-performance parts manufacturing
.

"China has been and will continue to be a strategic growth and investment market
for INVISTA's global operations.
INVISTA is fully committed to ongoing projects while actively conducting internal evaluations to pursue additional opportunities
for sustainable development with partners.
Li Kai said
.