Invista (China) Investment Co. and China Pingmei Shenma Group signed a suite of agreements that establish a strategic relationship for the five-year purchase and sale of adiponitrile (ADN) and adipic acid, and for the license of key technologies for nylon manufacturing.
As part of the collaboration, Invista Textiles (U.K.) Ltd. will license two technologies to Pingmei Shenma–its nylon 6,6 polymerization technology for two new production lines and its nitrous oxide (N2O) abatement technology for Pingmei Shema’s adipic acid production. Once implemented, the abatement technology is expected to significantly reduce N2O emissions, which is aligned with China’s goals for carbon reduction.
Invista’s tech could reduce CO2-equivalent emissions at Pingmei Shenma’s plant by about 13 million to 14 million metric tons per year. This N2O abatement in adipic acid production is an important step in continuing to improve the environmental profile of nylon 6,6, Invista noted.
“Pingmei Shenma is our strategic partner, and we are looking forward to these commitments continuing to strengthen our decades-long collaboration,” said Kyle Redinger, chairman of Invista (China) Investment Co. and vice president of Invista Nylon Intermediates Asia Pacific. “As a leader in the integrated, responsible development of the nylon 6,6 value chain, Invista is greatly encouraged by the upcoming emission reductions that will be made possible by their implementation of our emissions control technology for adipic acid production.”
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Invista has been working with Pingmei Shenma since 2004 on the development of China’s nylon 6,6 industry. With these latest agreements, both organizations will continue to build on each other’s respective strong product technology expertise to achieve more breakthroughs.
Following the first successful completion of polymer licensing between Pingmei Shenma and Invista Textiles in 2015, and as part of these latest agreements, two new continuous polymerization lines at Pingmei Shenma will be equipped with Invista Textiles’ nylon 6,6 polymerization technology to facilitate increased capacity and product quality with excellent safety and environmental performance.
“As a global leading nylon 6,6 supplier deeply rooted in China, Invista is well-positioned to contribute its unique know-how and team up with industry leading partners like Pingmei Shenma to co-drive the implementation of innovative technologies to support and accelerate local industry growth,” Bill Greenfield, president of Invista Nylon, said. “With our ADN plant in SCIP (Shanghai Chemical Industry Park) due for completion midyear, we look forward to charting new growth with Pingmei Shenma in our next milestones, to increase efficiency and capacity for nylon production and promote the upgrade of the local nylon 6,6 value chain.”