The US nylon 6 and nylon 6,6 (Polyamide 66-PA66) markets continue to face pressure despite decreasing feedstock costs amid severely constrained global supplies and strong demand.
In this market scenario, “PA66 availability will continue to be constrained for the short term,” said Phil McDivitt, President and CEO of Ascend Performance Materials, in a statement. “We are committed to meeting the long-term needs of our customers and maintaining reliable operations,” he added.
Due to conflicting reports on long-term PA66 availability, the company believed it necessary to restate its plans to meet the increased market demand, it stated.
A fully integrated producer and supplier of PA66, Ascend, declared force majeure on Pensacola, Florida site, mentioning that production continued to be around 90 percent of capacity.
The US nylon 6 and nylon 6,6 (Polyamide 66-PA66) markets continue to face pressure despite decreasing feedstock costs amid severely constrained global supplies and strong demand.
In this market scenario, “PA66 availability will continue to be constrained for the short term,” said Phil McDivitt, President and CEO of Ascend Performance Materials, in a statement. “We are committed to meeting the long-term needs of our customers and maintaining reliable operations,” he added.
Due to conflicting reports on long-term PA66 availability, the company believed it necessary to restate its plans to meet the increased market demand, it stated.
A fully integrated producer and supplier of PA66, Ascend, declared force majeure on Pensacola, Florida site, mentioning that production continued to be around 90 percent of capacity.
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