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Invista has engaged Barclays to explore strategic alternatives for its nylon 6,6 fiber business. Invista’s parent company, Koch Industries, bought the business from DuPont in 2004. The business operates five plants: two in the US, and one each in Canada, the UK, and China. The firm says it will continue operating the business if it doesn’t find a suitable buyer. It also plans to continue making nylon polymer, intermediates, and polypropylene.
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