| Register | App
Advanced Search
RSS Subscription
Advanced Search
Companies

INVISTA breaks ground on chemical plant in Shanghai

Xinhua News,SHANGHAI
2020-06-17 19:28

Already collect

SHANGHAI, June 17 (Xinhua) -- INVISTA Nylon Chemicals (China) Co., Ltd. held a groundbreaking ceremony in Shanghai Tuesday to officially mark the start of construction on its 400,000-tonne per year adiponitrile (ADN) plant at the Shanghai Chemical Industry Park.

The plant, with more than 7 billion yuan (about 1 billion U.S. dollars) of investment, aims to meet the growing demand for nylon 6,6 chemical intermediates in China and the Asia Pacific region, according to sources with the company.

The plant is planned to come into use in 2022.

"The growing demand for high-quality nylon products in China and the Asia-Pacific region, and the continued optimization of the business environment in Shanghai have given us the confidence to continue investment here," said Jeff Gentry, INVISTA Chairman and CEO, in his speech delivered via video.
Related News
China Hushen 300 index futures close higher Wednesday

China Hushen 300 index futures close higher Wednesday

China becomes largest trading partners for U.S. in April: WSJ

China becomes largest trading partners for U.S. in April: WSJ

China issuance of special govt bonds to have limited impact on liquidity

China issuance of special gov't bonds to have limited impact on liquidity

Chinas consumer inflation expected to further moderate: spokesperson

China's consumer inflation expected to further moderate: spokesperson

Chinas foreign trade faces severe challenges in 2020: report

China's foreign trade faces severe challenges in 2020: report

China launches first hydrogen-powered 5G smart tractor

China launches first hydrogen-powered 5G smart tractor

Add comments

Latest comments
Latest News
News Most Viewed
Asia Pacific Daily ShangHai Securities News CFETS UnionPay eBroker TG FSLL HKTDC Media OutReach
| About Us | Advertise on Site | Contact Us | Job Offer | Copyright Statement | Disclaimer Statement | Copyright |
All materials posted on this website marked with “Source: Xinhua Finance Agency” are subject to copyrights owned by the Xinhua Finance Agency (XFA). Any reproduction, retransmissions, or republication of all or part of any document found on this website is expressly prohibited, unless XFA has explicitly granted its prior written consent. All other rights reserved.Although XFA website includes "links" providing convenient direct access to other Internet sites, XFA does not endorse, approve, certify or make warranties or representations as to the accuracy of the information on these sites.
All financial data and news content of this website is of a general nature, is intended as a source of general information only and is not intended to constitute a recommendation or opinion in relation to any investment decision. Opinions contained in this website represent those of XFA at the time of publication and are subject to changes.XFA will make reasonable efforts to include accurate and up to date information on XFA website, but XFA makes no warranties or representations as to its accuracy, adequacy or completeness, and shall not be liable for any direct, incidental, consequential, indirect or punitive damages arising out of access to, use of or inability to use XFA website, or any errors or omissions in the content thereof.
Copyright © 2015 - Xinhua Finance Agency Ltd. All rights reserved.
For best performance, please use IE version 10 or above to visit our website.