Invista Plans Restructuring of Orange Site; Will Close Adipic Acid Manufacturing Unit

摘要

Orange— Invista said that in order to "more rapidly respond to the ever-changing global marketplace that it serves," the company is restructuring its Orange, Texas, site, which will result in the shutdown of an adipic acid production unit. "The decision to shut down the adipic acid unit was driven by lower adipic acid demand in North America and increased supply in the global adipic acid market," noted Bill Greenfield, president of Invista Intermediates.