INVISTA to expand spinning capacity at Canadian nylon yarn plant

23 June 2011 18:35  [Source: ICIS news]

TORONTO (ICIS)--INVISTA plans to add 7,000 tonnes/year of spinning capacity at its plant in Kingston, Canada, to meet rising nylon yarn demand, in particular from the global airbag market, the US-based polymer and fibre firm said on Thursday.

The additional capacity is expected to start up in the second quarter of 2012. INVISTA did not disclose the plant’s existing capacity.

INVISTA plans to invest in several projects across its global industrial nylon yarn manufacturing network within the next five to seven years to help meet demand, it said

“Our customers have sent us a very clear message that their demand is increasing across the world, which creates a need for us to invest in capital equipment – potentially in the hundreds of millions of dollars” said John Barnes, INVISTA global business director for industrial nylon products.

For more on INVISTA and other producers visit ICIS company intelligence

By: Stefan Baumgarten
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