Ascend to raise output

Ascend Performance Materials, a leading integrated producer of nylon 6,6 resin, made public 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.

 

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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,” said Phil McDivitt, Ascend’s president and CEO. “Ascend has cost effective expansion opportunities that allow us to bring additional capacity online as the market needs it.”

 

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. The company has been raising capacity through its entire nylon 6,6 value chain since 2015, increasing our production by 10 to 30 percent depending on the product.  .

 

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

 

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