AdvanSix Inc. (ASIX) is a fully integrated manufacturer of Nylon 6, a versatile polymer used in various applications, such as engineering plastics, fibers, and films. The company also produces a range of chemical intermediates, including caprolactam, ammonium sulfate, and various other chemical products. AdvanSix was established in 2016 as a spin-off from Honeywell International Inc. and is headquartered in Parsippany, New Jersey, USA.
AdvanSix’s operations are focused on three primary business segments:
- Nylon 6: AdvanSix is a leading producer of Nylon 6 resin, which is known for its strength, durability, and chemical resistance. Nylon 6 is used in a wide range of applications, including automotive components, electrical and electronic devices, packaging, textiles, and consumer goods.
- Chemical Intermediates: The company produces caprolactam, a key intermediate used in the production of Nylon 6. AdvanSix also manufactures other chemical intermediates, such as phenol, acetone, and Nadone® cyclohexanone, which are used in various industries, including coatings, adhesives, and pharmaceuticals.
- Fertilizer: AdvanSix produces ammonium sulfate, a high-quality nitrogen-based fertilizer, as a co-product of its caprolactam manufacturing process. Ammonium sulfate is primarily used in the agriculture industry to help improve crop yields.