Invista Textiles (U.K.) Ltd. and China Resources Yantai Nylon Co., a subsidiary of China Resources Holdings, held a ceremony Wednesday commemorating the signing of an agreement to license the former’s nylon 6.6 polymerization technology.
With Invista’s expertise in nylon 6.6 production technology and process, the partnership continues to exemplify the company’s commitment to promoting the development of the nylon 6.6 industry in China, meeting growing local demand with enhanced capacity and premium downstream applications. Kyle Redinger, president of Invista (China) Investment Company and vice president of Invista Intermediates Asia Pacific, and Zhenda Zhu, chairman of China Resources Yantai Nylon Co., attended the ceremony.
Located in the Economy & Technology Developing Zone in Yantai City, Shandong Province, China, the new line is the first to be licensed with Invista’s nylon 6.6 polymerization technology since 2015 and will use the company’s patented nylon 6.6 salt process and advanced continuous polymerization technology, offering strong safety and environmental performance, high reliability and run life, higher energy savings, lower operating costs, and high product quality.
“We are honored that China Resources Yantai Nylon Co. has chosen to adopt Invista’s leading nylon 6.6 polymerization technology for this new line,” said Pete Brown, nylon polymer executive vice president for global intermediates at Invista. “As with China Resources and all local partners, we look forward to working closely together for success on this new project and to identify additional opportunities for nylon 6.6 downstream applications, enabling strong growth as we contribute to the upgrading of the nylon 6.6 industry in China.”
A subsidiary of Koch Industries, Invista manufactures nylon and specialty materials industries for the apparel, carpeting, automotive and computers industries.