# NILIT and Shenma form joint venture for nylon 6.6 production in China

NILIT announced a new joint venture with Shenma Industry Co., Ltd. to build a greenfield production site in Pingdingshan, China, for premium nylon 6.6 yarns. The facility is expected to yield a production capacity of 20,000 tons in the next few years.

- Type: Acquisition
- Announced: 2024-04-18
- Where: Pingdingshan, China
- Status: announced
- Capacity: 20,000 tons per year
- Products: nylon 6.6 yarns (FDY and ATY)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nilit](https://endata.com/companies/21816.md) (partner)
- [Shenma Industry Co., Ltd.](https://endata.com/companies/76894.md) (partner)

## Sources

- [nilit.com](https://www.nilit.com/nilit-announces-strategic-expansions-including-a-joint-venture-with-shenma-in-china/), 2024-04-18: "We are pleased to unveil this new greenfield joint venture in China with Shenma to introduce differentiated state-of-the-art technologies to support the local market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.