AdvanSix

AdvanSix
Traded as NYSE: ASIX
S&P 600 Component

AdvanSix is an American chemical company that comprised Honeywell's Resins and Chemicals division, and it traces its lineage to the H. W. Jayne Company, established 1884 in Frankford, Pennsylvania.[1] It was spun-off from Honeywell in 2016.[2]

AdvanSix has plants in Chesterfield and Hopewell, Virginia, and Frankford and Pottsville, Pennsylvania. The Hopewell plant is one of the world's largest single-site producers of caprolactam.[3] It reports an annual production capacity of 600,000 tons of ammonia and 400,000 tons of caprolactam.[4] For context, global annual demand for caprolactam is estimated at 5 million tons.[5]

AdvanSix is an integrated chemical manufacturer. It produces phenol in Frankford through the cumene process, where it is converted to caprolactam in Hopewell, polymerized to nylon 6 in Chesterfield and made into film at Pottsville.[6] In addition to internal use, AdvanSix sells acetone, phenol, and alpha-methylstyrene from the cumene process. They sell cyclohexanol and cyclohexanone made from phenol, caprolactam, as well as ammonium sulfate generated by the Beckmann rearrangement of cyclohexanone oxime.[7]

References

  1. ↑ "History". AdvanSix. Retrieved 2017-09-23.
  2. ↑ "Honeywell to spin off its $1.3 billion resins and chemicals business". Reuters. 2016-05-12.
  3. ↑ "Hopewell, Virginia". AdvanSix. Retrieved 2017-09-23.
  4. ↑ "AdvanSix Provides Operational Update on Its Fourth Quarter 2016 Plant Turnaround" (Press release). AdvanSix. 2016-10-31.
  5. ↑ Josef Ritz; Hugo Fuchs; Heinz Kieczka; William C. Moran, "Caprolactam", Ullmann's Encyclopedia of Industrial Chemistry, Weinheim: Wiley-VCH, doi:10.1002/14356007.a05_031.pub2
  6. ↑ "Integrated Production". AdvanSix. Retrieved 2017-09-23.
  7. ↑ "Chemical Intermediates: Products". AdvanSix. Retrieved 2017-09-23.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.