To help supply the expanding global demand for PA 6.6, which it markets as Nylon, US-based trademark owner Invista, now part of Koch Industries, is building a new plant at its Camden, South Carolina, production site, where groundbreaking ceremonies were recently held.
A group of four financial institutions have gained full control of The Lycra Company after former owner Ruyi Textile and Fashion International Group defaulted on a $400 million loan associated with its purchase from Invista in January 2019.
Invista Textiles (UK), a division of US nylon giant Invista, has signed an agreement with China Resources Yantai Nylon to license technology for a new plant in China. The companies did not disclose a timeframe for the project.
Invista Nylon Chemicals (China), subsidiary of Wichita, Kansas-based US polyamide giant Invista, has announced a major expansion of its PA 6.6 capacity in China’s Shanghai Chemical Industry Park (SCIP), which It said will strengthen its integrated production chain in the People’s Republic.
Investment in the areas listed in the catalogue is supported by a variety of incentives.
Invista Performance Technologies (IPT) has won two separate contracts to supply its PTA technology for projects in China and Turkey.
