Ascend: Promote the diversification of nylon business

The period from 2020 to the present is extraordinary for the chemical industry worldwide.

Optimistic about the development of the nylon market

Phil McDivitt, Global President and CEO of Ascend Functional Materials, stated that Ascend has achieved a lot in the difficult environment of 2020.

At present, the prices of various products in the global nylon industry chain market are still high.

Adapt to the new needs of the downstream market

Ascend Global Senior Vice President and Managing Director of Asia Pacific Region Wu Xianliang said that in the post-epidemic era, Ascend will combine the advantages of nylon materials with new changes in the downstream market according to the demand trend of the downstream market, and then change its position.

Wu Xianliang said that Ascend’s nylon product is a platform product with a wide range of applications and can be adjusted for downstream needs.

Wu Xianliang said that traditionally, Ascend is an American nylon 66 company that only exports products in China.

Wu Xianliang revealed that Ascend’s new Asia-Pacific Innovation Center in Suzhou will focus on the research and development of non-automotive applications.

　　Contribute to China's sustainable development

　　Wu Xianliang said that Ascend’s philosophy is in line with the concepts of dual circulation, internal circulation, carbon neutrality, and carbon peaking.

　　Ascend has always taken environmental protection as its own responsibility.

　　However, Wu Xianliang pointed out that Ascend’s biggest advantage in sustainable development lies in its products and services.