Intermediates, polymer producer INVISTA forays into engineering polymers business

26-Jun-09
INVISTA, global manufacturer of chemical intermediates, polymers and fibers, announced its entry into a new business focused on nylon engineering polymers. Already a producer of nylon fiber, INVISTA's entry into this particular plastics market, known as engineering polymers, enables the company to provide nylon products for applications such as automotive, electrical, consumer electronics and sporting goods. Combined with INVISTA's upstream production capabilities across the globe, INVISTA is bringing an integrated, unique business strategy intended to provide greater flexibility and responsiveness in the market. "We are entering the global engineering polymers market in a manner that can deliver real value to customers and perhaps even change the very business model that currently serves this market," said Kurt Burmeister, executive vice president of INVISTA's engineering polymers segment. The company is looking to align its business portfolio with the marketplace in mind to strengthen its chemical intermediate portfolios.
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