INVISTA's largest ever investment project starts production in Shanghai Chemical Industry Park! The nylon integrated base of the chemical park has started a new journey

On November 25, Shanghai Chemical Industry Park held the Nylon Integrated Industrial Base Promotion Conference and Nylon Industry Development Forum to witness the commissioning of INVISTA's adiponitrile project, the start of the nylon 6,6 expansion project, the start of the Shenmat Nylon project, the signing of investment intentions for the new material innovation industrialization project of Jeda Nylon, and the official commissioning
of INVISTA Asia-Pacific R&D Center.

Shanghai Chemical Industry Park focuses on the national strategy, focuses on Shanghai's "3+6" emerging industrial system, comprehensively strengthens the leadership of high-end industries and the momentum of scientific and technological innovation, and accelerates the construction of nylon integrated industrial base to make important progress
.
In the future, relying on the existing product resources and industrial agglomeration effect, we will further expand the breadth and depth of the nylon industry in the park, and strive to build a nylon industrial base
with the most complete industrial chain, the most advanced technology and the most competitive.

Zhang Wei, member of the Standing Committee of the Shanghai Municipal Party Committee and vice mayor, mentioned that today we jointly witnessed a number of signed, started and put into production projects represented by INVISTA's adiponitrile project, which will further enhance the efficiency and stability of the nylon 6,6 industrial chain and supply chain, and inject a "source of water"
into the subsequent development of Shanghai's nylon industry and the creation of a future materials industry cluster.
In the future, we will deeply implement the spirit of the 20th National Congress of the Communist Party of China, under the strong leadership of the municipal party committee and the municipal government, continue to move in the direction of fine, green, high-tech, high-efficiency and high added value, and accelerate the construction of a nylon integrated industrial base
with global influence.
On the one hand, efforts will be made to expand the scale of the industry
.
On the basis of ensuring the production and operation needs of existing projects, we will further strengthen exchanges and cooperation with international and domestic industries, and strive to accelerate the introduction, construction and production of a number of new nylon industry projects
.
On the other hand, efforts will be made to optimize the industrial ecology
.
Accelerate the introduction of special support measures, further improve policy support, promote the deep integration of industrial chain, innovation chain, talent chain and capital chain, create a leading nylon industry ecology in China, and continue to empower the high-quality development of
manufacturing in Shanghai, the Yangtze River Delta and even the whole country.
It is hoped that Shanghai Chemical Industry Park will bravely shoulder heavy responsibilities and move forward bravely, keep in mind its mission, actively act, unswervingly promote the development of new chemical materials and other industries, and make new and greater contributions to further releasing the leading force of Shanghai's high-end industries and cultivating new momentum for innovation and
development.

Fu Xiangsheng, vice president of China Petroleum and Chemical Industry Federation, said that the economic indicators of China's petrochemical industry will reach a new high this year, but the superimposed impact of multiple factors such as the century-old changes superimposed on the century epidemic, the superimposed change and adjustment of the game of big countries, and the superimposed industrial restructuring of the scientific and technological revolution have brought new challenges
to the global petrochemical industry 。 Focusing on the goals and requirements of accelerating the construction of a manufacturing power, a quality power, a aerospace power, a transportation power, a network power, and a digital power put forward by the 20th National Congress of the Communist Party of China, Shanghai Chemical Industry Park actively lays out the field of new chemical materials and promotes the construction of a nylon integrated base, which now has a good foundation: First, the new chemical materials industry has a high degree of agglomeration, and the development quality and management level are leading in China; Second, INVISTA's 400,000-ton-per-year adiponitrile project has been successfully put into operation, which will provide nylon 6,6 key basic materials for China and even the Asia-Pacific region, and look forward to win-win cooperation in market competition; Third, Shanghai and Shanghai Chemical Industry Park are the highlands of innovation forces and innovative talents, and it is hoped that Shanghai Chemical Industry Park will rely on the existing advantageous conditions to continuously open up new fields and new tracks for the development of new chemical materials, and constantly shape new momentum and new advantages for the high-quality development of the petrochemical industry!

Ma Jing, director of the Shanghai Management Committee, proposed that Shanghai Chemical Industry Park adheres to the highest standards, strictest requirements and the best level, focuses on the nylon product chain, accelerates investment promotion, steps up landing, and promotes the construction of a first-class nylon integrated industrial base, and has achieved exciting and exciting phased results
。 In the future, we will further give full play to the advantages of high correlation and high closeness of the industrial chain of the park, rely on existing production equipment, optimize resource allocation, give play to synergistic effects, promote value sharing, and stimulate new momentum for the development of nylon industry agglomeration in the park on the basis of meeting the needs of enterprises; Focus on the "dual carbon" goal and the direction of low-carbon green development, promote open exchanges and cooperation, further improve the innovation ecosystem, strive to create nylon products with stronger innovation and higher added value, and provide more personalized and greener end products
。 Shanghai Chemical Industry Park will further accelerate the pace of industrial transformation and upgrading, optimize the business environment, strengthen enterprise services, increase investment attraction and policy supply, amplify the technology and market advantages of the nylon industry chain, unswervingly move towards the goal of building the most complete, technologically advanced and competitive nylon integrated industrial base in the country, and strive to add a new business card
to "Made in Shanghai".

In his speech, Kangrui Kong, Chairman of INVISTA Nylon Chemical (China) Co.
, Ltd.
and Vice President of Global Operations of INVISTA's Nylon Business Unit, said that since its business in China, INVISTA is confident in the growth potential of the local market and believes that China will become the world's largest consumer of nylon 6,6
.
The completion of INVISTA's new adiponitrile manufacturing facility, the largest investment project ever, marks INVISTA's new chapter in the full nylon 6,6 value chain, using state-of-the-art proprietary technology to provide customers and partners with a capacity of 400,000 tons of adiponitrile per year to provide customers and partners with key raw materials
for nylon 6,6.
In September, INVISTA's Asia Pacific Innovation and Innovation Center officially opened, INVISTA's first nylon 6,6 application R&D center in Asia, a key part of its global R&D network that will help INVISTA achieve its goal
of upgrading its nylon industry by equipping it with application development and testing capabilities.
In addition, the nylon 6,6 polymer production capacity enhancement project has also entered the investment and construction stage, which will strengthen support for local supply with 400,000 tons of polymer production capacity and further empower the company's complete nylon 6,6 value chain
in China.
INVISTA is proud to further deepen its partnership with Shanghai Chemical Industry Park and is proud
to participate in the investment, construction and development of the integrated nylon industrial base of the chemical park.
In the future, we hope to continue to work with customers and partners to jointly stimulate the potential
of nylon 6,6 industry.

Ruan Li, Deputy Director of Shanghai Municipal Commission of Economy and Information Technology, Hou Jinhua and Zhu Bin, Deputy Directors of Shanghai Chemical Industry Park Management Committee, Zheng Rongqing, Second-level Inspector of the Municipal Commission of Commerce, Gao Jinping, Deputy General Manager of SECCO, Jin Jian, General Manager of Development Company, Li Kai, Chairman of INVISTA (China) Investment Co.
, Ltd.
and Vice President of INVISTA Intermediates Asia Pacific, Wang Bing, Executive Director of China Pingmei Shenma Group International Trade Co.
, Ltd.
, and Luo Gaoming, Head of Greater China of LANXESS High Performance Materials Business Unit, Wen Cizhang, Global Marketing Director of Wanhua Chemical's High Performance Polymers Business Unit, was invited to attend the event
.