US nylon giant Ascend Performance Materials has acquired an undisclosed majority stake in compatriot Circular Polymers, a recycler of post-consumer high-performance polymers including PA 6 and 6.6, polypropylene and PET.
US polyamide specialist Ascend Performance Materials has made a final decision to build a new production facility for hexamethylene diamine (HMD) and specialty chemicals in Lianyungang, China’s Xuwei New Area Park. Neither cost nor capacity have been disclosed.
Belgium-based thermoplastics distributor Resinex has received the nod to handle Ascend Performance Materials’ polyamide 6.6 resin in major European countries and regions. Financial terms of the agreement were not disclosed.
