5 Feb 2018
Ascend to demonstrate quality, consistency of supply for Vydyne® PA66 at Plastindia
HOUSTON – February 5, 2018 – Ascend Performance Materials, the world’s largest fully integrated producer of nylon 6,6 resin, will demonstrate its ability to provide cost-effective solutions across markets at Plastindia 2018. Ascend will showcase its reliability of supply and the diversity of products made with its signature Vydyne® PA66, including cable ties, automotive engine compartment components and consumer and industrial products, especially cooking utensils.
Global demand for the company’s nylon 6,6 products continues to grow annually at around four percent. To stay ahead of demand, Ascend is increasing production capacity for polymers and intermediates by 10 to 15 percent this year. Ascend’s unique technology allows it to add capacity quickly and efficiently, without disrupting operations.
“We are committed to a continuous, reliable supply to our customers,” says Virgile Rouyer, Ascend’s regional sales manager for India, noting that Ascend has added capacity along its value chain consistently. Since 2015, production has increased by 10 to 30 percent, depending on product. Rouyer points out that Ascend’s strategy of selling nylon 6,6 globally into almost every end-use market has given it an unparalleled understanding of the entire value chain.
“Our nylon 6,6 is the material of choice across a broad spectrum of applications; from everyday essentials, like cooking utensils, to cutting edge technology, like electric vehicles. Our strategic partnership with Barnet India has made nylon 6,6 available throughout the subcontinent,” continues Rouyer. “Our capacity expansions and distributor relationships enable us to meet market demand with highly cost-effective products and solutions.”
Ascend is co-exhibiting with Barnet India at booth H2E16 at Plastindia 2018 in Gandhinagar – Ahmedabad from Feb. 7 to 12. Barnet India is the primary distributor of Ascend products in India.
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About Ascend Performance Materials
Ascend Performance Materials is a global premium provider of high-quality plastics, fibers and chemicals. Ascend is one of the world’s largest integrated PA66 producers, with its own in-house manufacturing facilities, ensuring total security of supply. Ascend’s product range has earned it an unequalled reputation for quality, innovative techniques and an enlightened approach to business that expands the horizons of possibility. With eight global locations and more than 2,400 people working at our sites around the world, Ascend has the inspiration, the expertise, the people and the attitude toward innovation to consistently deliver the right solution for customers.
Together, we’re making a difference.
Together, we’re inspiring everyday.
More information about Ascend can be found at www.ascendmaterials.com.
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com.
Although the information and recommendations set forth herein (hereinafter “Information”) are presented in good faith and believed to be correct as of the date hereof, Ascend Performance Materials Operations LLC makes no representations or warranties as to the completeness or accuracy thereof. The full disclaimer of warranty and liability can be found at ascendmaterials.com/disclaimer.
©2018 Ascend Performance Materials Operations LLC. The Ascend Performance Materials and Vydyne marks and logos are trademarks or registered trademarks of Ascend Performance Materials Operations LLC.