DOMO Chemicals is investing to expand production capacity of TECHNYL polyamide in China to meet growing market demand

 

The first year of TECHNYL in China under the DOMO brand name; DOMO will be pushing forward its expansion plan of high-performance polyamides in China

 

This plan aims to meet growing demand in the automotive, electrical & electronics, and industrial consumer goods industries, and help build a sustainable future. DOMO Chemicals acquired Solvay’s Performance Polyamides business in 2020 and has sold the TECHNYL products globally since February 1, 2022, including in China, one of the company’s key strategic markets.

 

DOMO Chemicals will continue to expand the capacity of its production site in Jiaxing, Zhejiang Province, which has been planned to be gradually introduced in three stages:

 

- Since March 2022, an additional 6,000 tons of capacity has been made available, with the plant achieving the total capacity of 14,000 tons of PA6 from April onwards.

 

- A 35,000-ton new plant in Haiyan is planned to be completed in the third quarter of 2023, in which DOMO Chemicals has invested more than 14 million euros (97 million yuan).

 

- Going forward, DOMO Chemicals will further expand the plant, gradually increasing its capacity to 50,000 tons.

 

Fabrizio Cochi, Vice President Asian Operations says "TECHNYL is also celebrating its first year of growth in China as DOMO Chemicals officially launches the brand's global production and distribution network on February 1, 2022. Achieving the global rollout of TECHNYL is a key milestone in DOMO Chemicals’ sustainability strategy to help our local customers in China to achieve their low carbon goals and increase their competitive advantage in the face of accelerating sustainability trends.”

 

In addition to the expansion, the plant will also use renewable energy wherever possible, adopt advanced water and air treatment technologies to reduce water consumption and CO2 emissions, and fully comply with Health, Safety and Environmental Management System (HSE) regulations. DOMO Chemicals will improve HSE compliance continuously and work closely with the local government, while partnering with key local and global customers to accelerate innovation and development across a wide range of industries.