Wichita, Kan.-based Invista has agreed to purchase, via a wholly foreign-owned China-based
enterprise, the assets of Morris Township, N.J.-based Honeywell International Inc.’s Asia Pacific
nylon 6 bulk continuous filament (BCF) business, including its plant in Shanghai, for an
undisclosed price. Closing of the transaction is expected in early 2007.
The Shanghai facility manufactures white dyeable and solution-dyed nylon 6 BCF, and also can
process heathered, twisted and heat-set yarns.
Alan Wolk, president, Invista Interiors
The goal of this acquisition is to better serve the needs of mill customers and consumers in
Asia Pacific by adding locally produced BCF to our present Antron® carpet fiber and Stainmaster®
carpet offerings,” said Alan Wolk, president, Invista Interiors, Kennesaw, Ga. “Once the
transaction is concluded, we hope to build from its current strengths and apply our resources and
capabilities to improve and grow the business. The plant in Shanghai also provides an excellent
growth platform for future expansions of our nylon 6,6 business in Asia Pacific.”
Plans call for the integration of production and marketing of nylon 6 BCF into Invista’s Asia
Pacific business offering to its commercial-, residential-, rug- and transportation-sector
customers in that region.
January/February 2007