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INVISTA Maitland Celebrates History and Announces Plans for the Future
July 25, 2024MAITLAND, Ontario, Canada (July 24, 2024) INVISTA, one of the world's largest integrated producers of chemical intermediates, polymers and fibers, announced its intention to invest approximately $23 million CAD ($17 million USD) in the re-commissioning of hexamethylene diamine (HMD) assets at its Maitland, Ontario, Canada, site.
HMD is a key ingredient in the production of nylon 6,6, a high-performance polymer that is used in a variety of applications, such as automotive, industrial, apparel and consumer goods.
“We’re proud of our 71-year history of operating in the Maitland community,” said Matt Murton, Maitland Plant Manager. “As we celebrate our past, we’re looking forward to continued investment and innovation as we strive to transform our competitiveness for the future.”
Upon regulatory approval, the project construction could begin, and the HMD plant could start production in the first quarter of 2025. The project announcement was made by Francis Murphy, INVISTA president and CEO, during remarks to local employees as part of a celebration marking 20 years as a Koch company.
“I’d like to thank our Maitland employees for their significant contributions to the long-term success of INVISTA,” said Murphy. “I’m so pleased to join in today’s celebration with our local team and community stakeholders.”
About INVISTA
INVISTA is a global manufacturer of chemical intermediates, polymers and fibers. From parts for the automotive industry to medical equipment, air bags, food packaging and clothing, our ingredients in the nylon 6,6 and polypropylene value chains help bring many of life’s essential products to market. A subsidiary of Koch Industries since 2004, INVISTA is committed to innovation and responsibly creating more value for its customers and society while consuming fewer resources to make these products. See the bigger picture at INVISTA.com.