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Oerlikon, AC-Automation integration completed
Oerlikon has acquired Germany-based AC-Automation GmbH & Co KG, an engineering company specialising in large-scale plant automation solutions for textile and packaging industries. The two companies have been partnering since the early 1980s. The integration of AC-Automation in Oerlikon expands the market-leading technology portfolio of its Manmade Fibers Segment. It also marks a milestone in Oerlikon’s ongoing quest to offer innovative, fully automated and digitally networked Industry solutions in the manmade fibre (MMF) industry.
Invista begins $1b nylon investment project
Invista has begun construction on new hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park (SCIP) in China, which as part of a $1 billion project, represents the largest capital investments in the companys history.
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