Representatives from Invista and the Shanghai Chemical Industry Park (SCIP) signed a memorandum of cooperation in Shanghai for a 400,000-tonne adiponitrile (ADN) plant in Shanghai. The plant, to be built with an estimated investment of over $1 billion, will commence construction in 2020 and complete it by 2022.
According to the memorandum of cooperation, Invista will advance its internal decision-making process for the project with strong support from the Shanghai government and SCIP, including commitment to intellectual property protections and joint efforts to execute an investment agreement.
ADN is the key ingredient in the production of nylon 6,6, a versatile polymer used in many applications that improve people’s quality of life. Applications include engineered plastics, automotive airbag fabric, high-performance coatings and specialty apparel fibers.
