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| Investment will strengthen Intermediates business in Asia |
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Contact:
Lianne Ng
Government and Public Affairs, Asia
852.2734.1065
Lim Shu Ling
APCO Worldwide
65.6735.3077
slimh@apcoworldwide.com
SINGAPORE (Nov 13 2007) –INVISTA Intermediates announced today that it will build a nitric acid plant on Jurong Island in Singapore. Nitric acid is one of the feed stocks for adipic acid, which is used in the manufacture of nylon, polyurethane, and other products.
Ground breaking for the nitric acid plant was held today. Among the dignitaries in attendance were Aw Kah Peng, Assistant Managing Director, Singapore Economic Development Board, and Julian Ho, Executive Director, Energy Chemicals and Engineering Services, Singapore Economic Development board, as well as Warren Primeaux, President of Intermediates at INVISTA, and Rick Dobzelecki, Vice President of Intermediates in Asia Pacific.
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| INVISTA executives and Singapore EDB officials breaking ground today for the company's new nitric acid plant at Sakra on Jurong Island. (From left to right: Lee kai meng, INVISTA's Vice President of Operations for Asia Pacific; Julian Ho, Executive Director, Energy Chemicals & Engineering Services - EDB, Warren Primeaux, President, Intermediates, INVISTA; Aw Kah Pend, Assistant Managinf Director - EDB; Rick Dobzolecki, Vice President of Intermediates for Asia Pacific, INVISTA; Bob Francois, President of Specialty Intermediates, INVISTA) |
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The new facility will be built on INVISTA’a Sakra site adjacent to the company’s existing adipic acid plant, which will improve the energy efficiency of the unit. Construction will begin immediately and is expected to be complete by mid-2009. The facility has been designed to meet 100% of the adipic acid plant’s needs for nitric acid.
“This new nitric acid facility will strengthen our long term supply situation for nitric acid, helping us to better meet our customer’s needs and to significantly strengthen the competitiveness of our Intermediates business in the region,” said Warren Primeaux, President, INVISTA Intermediates. “The new plant also underscores INVISTA's continuing growth in Singapore and Asia as a whole.”
The nitric acid plant is the latest in a series of Asia growth initiatives that INVISTA has embarked on in the past 12 months. These initiatives include new manufacturing plants for spandex and nylon 6,6 airbag fibers, a new nylon 6,6 intermediates and polymer complex, and acquisition of a nylon carpet fiber plant.
Welcoming INVISTA’s continued commitment to Singapore, Ms Aw Kah Peng, Assistant Managing Director of EDB said: “INVISTA is a valued partner of Singapore and has a significant presence here. This new plant, which is tightly integrated with your existing operation, will strengthen the competitiveness of INVISTA's base here. We thank INVISTA for your longstanding commitment to and confidence in Singapore, and look forward to strengthening our partnership in the future."
Celebrating its 10th Anniversary this year, the ADI-PURE® adipic acid plant is continuing its commitment in maintaining its environmental, health and safety excellence, having just been given its second consecutive Workplace Health and Safety Excellence Award by the Workplace Health and Safety Advisory Committee and the Ministry of Manpower. It has previously won the Ministry of Manpower Gold Award for Excellent Safety Performance in 2003, 2004 and 2005. The plant has also received numerous Responsible Care honors from Singapore Chemical Industry Council since 2003.
INVISTA is an integrated fibers and polymers business with a global presence. It operates four major businesses: Apparel; Intermediates; Performance Surfaces and Materials; and Polymer and Resins. INVISTA delivers exceptional value for its customers through market insights and technology innovations, along with a powerful portfolio of some of the most recognized global brands and trademarks in their respective industries including: ADI-PURE®, ANTRON®, AVORA® FR, INVISTA® C12, COMFOREL®, COOLMAX®, CORDURA®, CORFREE®, DACRON®, INVISTA® DBE, DYTEK®, ESP®, FRESHFLEX™, INVISTA® NYCO, LYCRA®, PERFORMA®, POLARGUARD®, POLYSHIELD®, POLYCLEAR®, SOLARMAX®, STAINMASTER®, SUPPLEX®, SUPRIVA™, TACTEL®, TACTESSE®, TERATE®, TERATHANE® and THERMOLITE®. More information on INVISTA can be found at www.INVISTA.com.
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