INVISTA said yesterday it will build a production complex in Shanghai to serve the region's demand for nylon 6,6 intermediates and polymer.

The United States fibers and intermediates company on Tuesday signed a letter of intent for investment and transfer of land use rights with the Shanghai Chemical Industry Park. Company executives wouldn't disclose the scale of the project, but said this could be INVISTA's largest single investment in China. Production capacity is still under study. The facility, to come on stream in 2010, will produce adiponitrile and hexamethylene diamine, the chemical precursors to nylon 6,6, a polymer of preference for advanced applications in nylon fiber and engineering plastics. The project will be the first of its kind in Asia and the first new facility built worldwide in 25 years, INVISTA said.

Source:佚名