With the goal of making locally produced nylon 6 fiber more widely
available to Asian mills, Invista announced it will purchase
Honeywell’s Asia Pacific bulked continuous filament (BCF) fiber
business. The deal includes the purchase of Honeywell’s Shanghai plant,
which produces white dyeable and solution dyed nylon 6 BCF, and
processing equipment to make heathered, twisted and heat-set yarns. The
purchase is expected to be finalized in early 2007. Terms of the
agreement were not disclosed.
Invista, makers of Antron and Stainmaster carpet fiber, said
the sale will help "expand the comprehensive portfolio of branded,
differentiated and unbranded nylon BCF offerings to customers in this
region for the commercial, residential, transportation and rug
segments."
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