- In October 2024, Nippon Paint Holdings signed a definitive agreement to acquire LSF11 A5 TopCo LLC and its subsidiaries, collectively known as AOC, for approximately USD 2.3 billion. This acquisition aligns with NPHD’s strategy to expand its global footprint in the specialty chemicals sector, particularly in composite resins and materials used across industries such as automotive, construction, and marine
- In August 2024, INVISTA announced the completion of its nylon 6,6 polymer site expansion at the Shanghai Chemical Industry Park, doubling its annual production capacity to 400,000 metric tons. This investment strengthens local supply capabilities and supports growing demand for nylon products, particularly in industries reliant on cyclohexanone. The expansion integrates advanced polymerization technology and enhances INVISTA’s global nylon 6,6 value chain
- In April 2024, NILIT, a leading Israeli nylon manufacturer, announced a joint venture with Shenma Industry Co., Ltd., a subsidiary of China Pingmei Shenma Group. This partnership aims to expand NILIT’s global presence and strengthen its foothold in the Asian market by producing high-quality industrial-grade nylon. The collaboration will introduce advanced technologies and enhance production capacity to meet growing demand
- In April 2024, Nylon Corporation of America (NYCOA) introduced NY-Clear, an advanced amorphous 6I/6T nylon designed for packaging and precision-molded applications. This transparent nylon offers exceptional clarity and strong permeation resistance, with up to 30% higher resistance to oxygen, carbon dioxide, and water vapor transmission compared to competing materials. NYCOA showcased NY-Clear at NPE 2024, highlighting its superior dimensional stability and heat resistance for flexible food packaging
