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INVISTA to Close 215,000 tons/year AA Facility in Texas

INVISTA to Close 215,000 tons/year Adipic Acid Facility in Texas

PUdaily, Shanghai-As a world leading adipic acid (AA) supplier, INVISTA announced on October 6 that it has been restructuring its production base--Orange in Texas in order to improve its facility competitiveness. Besides, the company plans to close its 215,000 tons / year line so as to comply with regional demand of AA and global supply changes, according to official announcement.

According to statistics, the global AA capacity has increased to 3.8 million tons/year in 2014 from 2.8 million tons/year in 2010, increasing by 35%. Meanwhile, the annual demand has increased to 2.8 million tons/year from 2.4 million tons/year, only increasing by 16%. In the same period, the operating rate of global AA facility falls to 64%.

INVISTA is one of the world’s largest integrated producers of chemical intermediates, polymers and fibers. The company’s advantaged technologies for nylon, spandex and polyester are used to produce clothing, carpet, car parts and countless other everyday products. Headquartered in the United States, INVISTA operates in more than 20 countries and has about 10,000 employees.

Editor: Sam Liu

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