Invista (Wichita, Kan.) 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.”