INVISTA Intermediates' Land Reservation Agreement with the Shanghai Chemical Industry Park Development Company will result in construction of a production plant at the Shanghai Chemical Industrial Park to meet the region's demand for nylon 6,6 intermediates and polymer. Preparation work for environmental impact assessment and report project application report has been initiated. Both these reports are important steps in the establishment of the new plant. The plant is expected to commence production in phases beginning 2010.
The new plant will be the most energy efficient and technologically advanced in the world, outlining INVISTA's continuing focus on improving energy efficiency and developing innovative technologies. The state-of-the-art plant will be the first of its kind to be built in Asia. It will employ INVISTA's advanced, proprietary butadiene-based technology to produce hexamethylene diamine (HMD) and adiponitrile (ADN), along with a variety of specialty intermediate chemicals and nylon 6,6 polymer. When production comes on line, INVISTA plants around the world will have the capacity to produce two-thirds of the world's ADN and HMD, further enhancing the company's leading position in the global nylon industry.