On the eve of the localization of adiponitrile: nylon 66 plans to build a production capacity of more than 5 million tons

The localization of adiponitrile has ignited the enthusiasm for investment in downstream nylon 66.
On the eve of the dawn of localization, as of the end of February, the downstream production capacity of more than 5.
3 million tons of nylon 66 has been quietly on the road.
In 2022, domestic nylon 66 will enter the expansion period
.

Nylon 66 has better comprehensive performance than nylon 6, but the raw material adiponitrile is not localized, and the cost is high, which restricts and inhibits the release of nylon 66 demand, and the market grows
.
In the past five years, the demand has been hovering at 400,000-500,000 tons/year.
In 2020, the production capacity of nylon 66 will be 560,000 tons/year.
In 2021, the production capacity of nylon 66 will exceed 700,000 tons, and the apparent consumption of nylon 66 will be about 600,000 tons.
The domestic nylon 6 polymerization capacity reaches 5.
34 million tons per year, the output and demand are about 4 million tons, and the consumption is less than 15% of nylon 6
.

Adiponitrile (ADN) is a colorless and transparent oily liquid.
Adiponitrile is hydrogenated to obtain hexamethylene diamine (HMDA).
Hexanediamine is basically used for the production of nylon 66.
Adiponitrile has high technical barriers.
With this technology, domestic consumption basically depends on imports
.
Affected by force majeure such as cold wave and logistics, the supply of adiponitrile and hexamethylene diamine has been affected, and the price has been running at a high level
.
It began to rise sharply at the end of 2020, reaching 63,500 yuan/ton in April 2021
.
Its corresponding product, nylon 66, began to decline after reaching a high price in 2018, and has surged again since mid-2020
.
Since the beginning of 2021, it has risen from 30,250 yuan / ton to 41,750 yuan / ton, with a peak of 43,250 yuan / ton, the highest price since 2016
.

The localization of adiponitrile has broken through the bottleneck of nylon 66 raw materials, and nylon 66 projects have begun to compete.
Nylon 66 plant has been established.
By the end of February 2022, the scale of domestic construction has also reached more than 5.
3 million tons, and nylon 6 head manufacturers such as Hengshen and Yongrong are using raw materials and market advantages.
Layout to form a nylon 6-nylon 66 integrated Ssangyong drive
.

In the next two years, the newly entered nylon 66 production capacity will increase.
It is worth noting that entering the nylon 66 track, there are chemical companies with raw materials, nylon 66 modification companies with insight into demand, and traditional chemical fiber companies.
In the future, nylon 66 will enter the application scene, integration and ecological track from a single product in the future
.

"Replacing steel with plastic" has become a trend.
PA66 has various performance advantages such as light weight, heat resistance, high temperature resistance, and high strength, while meeting the needs of vehicle weight reduction.
New energy vehicles and rail transit have become nylon 66.
Demand grows new driving force
.
Nylon 66 feels softer and skin-friendly than nylon 6, and its fiber permeability, wear resistance, temperature, sunlight and other adaptability are better than nylon 6.
At present, nylon 6 fiber is mainly used in domestic civilian clothing, and nylon 66 fiber has not yet been used.
, With the localization of adiponitrile, nylon 66 fiber will be used in civilian clothing including underwear, yoga pants, quick-drying pants, skin clothing, and jackets
.
The application of PA66 in the field of textile and clothing will grow rapidly, bringing a broader space for development
.

With the widening application of nylon 66 in new energy vehicles, civilian silk and other fields, its demand is also increasing year by year.
In the next five years, China will become the world's largest nylon 66 market
.