Wilmington, North Carolina - Invista said 20 Sept that it will stop production of dimethyl terephthalate (DMT) and close associated infrastructures, at near the end of 2013, at its site in Wilmington, North Carolina.
The site will continue producing polyols for Invista's Terate brand, utilising current assets as well as capital investments currently underway.
The decision follows a continued decline in market demand for DMT in the US, as North American customers convert to a PTA-based instead of a DMT-based process, the company said. Invista said it will continue to manufacture DMT at its Gersthofen, Germany, site.
"We are making this announcement now to ensure that employees, contractors, customers and site tenant companies have as much time as possible to plan for the future," said Bob Francois, Invista Specialty Materials president.
"In our Terate polyols business, our technical staff continues to support testing, qualification and start-up activities for our Terate HT polyols, a new generation of aromatic polyester polyols that brings increased value to our customers."
To help support the anticipated increase in demand, Invista announced in August a multi-million dollar investment to boost global production of Terate HT polyols at the company's sites in Wilmington and Vlissingen, the Netherlands. Today's announcement regarding DMT production does not affect the Terate HT polyol investment previously announced.