INVISTA Nylon Chemicals (China) Co. announced plans to double its current nylon 6,6 polymer production at Shanghai Chemical Industry Park (SCIP) and signed a memorandum of cooperation with SCIP at a ceremony . Following a 40,000-ton/year capacity increase in 2020, this new increased production, with an investment of 1.5 billion RMB (230 million USD), will double the plant capacity to 400,000 tons/year and strengthen INVISTA’s integrated nylon 6,6 value chain in China. The new capacity will also enable INVISTA to more quickly respond to the growing demand for engineering plastics in automotive, electrical and electronics, and other application fields.
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Toray to Boost Large-Tow Carbon Fiber Production
Toray Industries, Inc., announced that U.S. subsidiary Zoltek Companies, Inc., will bolster its large-tow carbon fiber (with more than 40,000 filaments) production capacity in 2023. The upgrade will cost around USD$130 million (around ¥14 billion). A Zoltek facility in Jalisco, Mexico, will lift its annual capacity around 54%, to more than 20,000 tons, boosting the combined annual capacity of that company’s Mexican and Hungarian operations to about 35,000 metric tons.
Continue readingMitsubishi Chemical Licenses Patent for Biomass-based Polyester to Mitsui Chemicals
Mitsubishi Chemical Corporation (MCC) hereby announces that it recently signed a licensing agreement with Mitsui Chemicals, Inc. for the related patent including MCC-owned basic patent on a biomass-based polyester.
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