Ascend Nylon Resin Industry Chain Project Signed A Contract And Settled In Lianyungang

On January 12, Ascend Functional Materials, a world-renowned large-scale integrated PA66 product manufacturer, announced that it will build a new production base in Lianyungang City, Jiangsu Province to produce hexamethylenediamine and specialty chemicals to further expand its global presence.

The investment is Ascend's first chemical production site outside the United States and the company's largest investment outside the United States to date. Ascend's Lianyungang production base will start construction in 2022 and is expected to officially start production in the second half of 2023.

This project is another key project following a series of acquisitions and capacity investments by Ascend. Previously, Ascend announced its first acquisition in Tilburg, the Netherlands in 2018, followed by several acquisitions in Mozarté, Italy, Suzhou, China, and Fossay, France in the following three years, and will complete the acquisition in Mexico within this year. , and the earlier announced construction of the Asia Pacific Innovation Center.

Ascend is a world-renowned producer of integrated nylon 66 product lines and a global premium supplier of high-quality plastics, fibers and chemicals. Headquartered in Houston, Texas, Ascend has nine branches around the world, including five integrated production bases in the southeastern United States and one engineering plastics production base in Europe, dedicated to nylon 66 production. Technological innovation and safe production.