Invista Inc., the manufacturer of Stainmaster carpets, may help avert the automotive production shutdown, which is caused by a recent shortage of resin. The Kansas-based carpet maker confirmed that its Victoria factory in Texas is operating at capacity in order to produce Cyclododecatriene (CDT), which is a key ingredient chemical in nylon 12 -- a widely utilized automotive resin.
Invista's manager of business and external communications Jodie Stutzman stated that they are doing what they can to fill the immediate need. Stutzman disclosed that their CDT operations are currently "running hard" in order to make available "as much of the material as possible." Stutzman did not name the vehicle companies procuring CDT from Invista.
On another note, chemical giant DuPont Co. disclosed that it is anticipating additional demand from vehicle manufacturers looking to work around the shortage of the nylon 12. DuPont is a manufacturer of chemicals utilized in the manufacturing of vehicles.
The company can provide additional polymers called Delrin, Hytrel and Zytel to the automotive industry, according to DuPont CEO Ellen Kullman. She was a former member of General Motors' board.
She resigned in December 2008 after a four-year period. The shortage arises from an explosion at Germany's Evonik Industries AG in March 31, killing two employees.
The CDT-derived nylon 12 resin is utilized to create brake and fuel tubing parts. Evonik and French rival Arkema SA comprise around half the supply of nylon 12 in the world, according to research firm IHS Chemical. Arkema purchases CDT from Evonik.
CEO Bill Kozyra at Auburn Hills-based TI Automotive Inc. was aware of the threat. He wrote a letter on April 12 to GM, Ford Motor Co., Volkswagen AG and Toyota Motor Corp., Bloomberg reported. Almost 200 executives from eight vehicle manufacturers and 50 suppliers converged in Troy to talk about the impact and possible production shutdowns.