Invista
| Industry | Spandex, Resin, Chemical, Polymer |
|---|---|
| Headquarters | Wichita, Kansas, USA |
| Website | www.invista.com |
Invista, headquartered in Wichita, Kansas, is the world's largest integrated fiber, resin and intermediates company. DuPont originally formed the company as a subsidiary in 2003 from its textile fibers division and named it DuPont Textiles and Interiors while a permanent identity was established.[1] The company was given the trademarked name Invista and was then sold to privately-owned Koch Industries in April 2004.[2] Koch Industries combined the newly acquired organization with their KoSa subsidiary to complete the Invista company.[3]
Invista's products include brands such as Lycra fiber (so popular that now it is a genericized synonym of spandex), Stainmaster carpeting, Cordura durable fabrics, Tactel nylon fiber, and Antron commercial carpet fiber as well as a variety of polyester resins and specialty intermediates.
In 2009, Koch subsidiary Invista agreed to pay a $1.7 million civil penalty and spend up to $500 million to correct self-reported environmental violations at its facilities in seven states.[4][5] Prior to the settlement, the company had disclosed to the EPA more than 680 violations after auditing 12 facilities acquired from DuPont in 2004.[6][7]
Invista was mentioned by the United States Environmental Protection Agency (EPA) for self-reporting environmental violations. According to the EPA, "the emission reductions resulting from correcting these violations will result in estimated annual human health benefits valued at over $325 million, including 30 fewer premature deaths per year, 2,000 fewer days/year when people would miss school or work, and over 9,000 fewer cases of upper and lower respiratory symptoms."[8]
[edit] References
- ^ "DuPont Announces Board of Directors for DuPont Textiles & Interiors" (Press release). dupont.com. May 1, 2003. http://www2.dupont.com/Media_Center/en_US/news_releases/2003/nr05_01_03a.html. Retrieved 2011-02-24.
- ^ "DuPont and Koch Subsidiaries Agree On Sale of INVISTA Fibers Unit" (Press release). dupont.com. November 17, 2003. http://www2.dupont.com/Media_Center/en_US/news_releases/2003/nr11_17_03a.html. Retrieved 2011-02-24.
- ^ "Koch Subsidiaries Buy Fibers Unit from DuPont" (Press release). invista.com. April 30, 2004. http://www.invista.com/news_releases/2004/pr_040430_invistasale.html. Retrieved 2011-02-24.
- ^ "United States Announces Largest Settlement Under Environmental Protection Agency's Audit Policy" (Press release). U.S. Department of Justice. 9 April 2009. http://www.justice.gov/opa/pr/2009/April/09-enrd-339.html. Retrieved 2010-05-31.
- ^ "United States Announces Largest Settlement Under Environmental Protection Agency's Audit Policy" (Press release). U.S. Environmental Protection Agency. 13 April 2009. http://yosemite.epa.gov/opa/admpress.nsf/d0cf6618525a9efb85257359003fb69d/1e9d18f061b4da818525759700632926!OpenDocument. Retrieved 2010-05-31.
- ^ Levi Wolters (13 April 2009). "Invista to correct EPA violations". Wichita Business Journal. http://wichita.bizjournals.com/wichita/stories/2009/04/13/daily13.html.
- ^ "Invista, Agencies File Agreement" (Press release). Invista. 13 April 2009. http://www.invista.com/news_releases/2009/pr_april_13_09_release.shtml. Retrieved 2010-05-31.
- ^ "United States Announces Largest Settlement Under Environmental Protection Agency’s Audit Policy". EPA. http://yosemite.epa.gov/opa/admpress.nsf/d0cf6618525a9efb85257359003fb69d/1e9d18f061b4da818525759700632926%21OpenDocument. Retrieved 27 April 2011.
[edit] External links
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