Industry News

Ascend to Increase Production Capacity of Intermediate Chemicals and Polymers

Published on 2017-11-01. Author : SpecialChem

Ascend Performance Materials has announced its plans to increase production capacity across its intermediate chemicals and polymers portfolio by 10 to 15 percent to support the continued growth of its customers.

Hexamethylene Diamine (HMD)

Phil McDivitt, Ascend’s president and CEO:

“The global demand for nylon 6,6 and our intermediate chemicals continues to grow at 3 to 4 percent per year in a range of diverse applications. Ascend has cost effective expansion opportunities that allow us to bring additional capacity online as the market needs it.”

Capacity investments to Address Growing Demand

Ascend will increase capacity of adiponitrile (ADN), hexamethylene diamine (HMD), adipic acid and polymers through 2018. Ascend’s unique production process allows for quick capacity additions with high capital efficiency and without disruption to operations.

“We have consistently added capacity through our entire nylon 6,6 value chain since 2015, increasing our production by 10 to 30 percent depending on the product with no impact on our customers. We are committed to a continuous, reliable supply to our customers.” said McDivitt.

Unique Production Process

Unlike many other nylon 6,6 producers, Ascend sells polymers and intermediates into nearly every end use market and geography.

Scott Rook, Ascend’s vice president of nylon:

“Our more than 60-year history of serving a wide variety of markets has given us an unparalleled understanding of the entire nylon 6,6 value chain. The unique qualities of nylon 6,6 have made it the material of choice in numerous innovative applications.”

“Our capital efficient expansion plans ensure that market demand is met and pricing remains competitive,” continued Rook.

Earlier this year, the company consolidated nylon fiber production at its plant in Greenwood, South Carolina, and added compounding capacity at its site in Foley, Alabama, to better align its business with the market.

“Our energy and capital are focused on supporting customers throughout the nylon 6,6 value chain,” said Rook. “Our recent capacity additions in Greenwood and Foley are in line with our current expansion plan and help us keep pace with market demand.”

The company did not disclose the amount of capital investment related to the expanded production capacity.

PS: If you liked this News, you might enjoy our Adhesives Industry Newsletter. All the Industry News delivered once a week right to your inbox. Sign up here!

Source: Ascend Performance Materials
Improve your performance with water soluble epoxy compounds
Back to Top