Ascend Performance Materials is closing some production at sites in South Carolina and the Netherlands.
The plant in Greenwood, S.C., will end industrial fibre spinning, but continue to make speciality materials and other types of fibres. The facility in Tilburg, Netherlands, makes compounds based on engineered materials, officials with Houston-based Ascend said in a news release.
Work done in Tilburg will be moved to an Ascend plant in Mozzate, Italy. That site also includes a recycling R&D centre and in-house masterbatch concentrates production.
For industrial fibres, shipments will end early in the second quarter. Officials said the firm "will continue supplying high-quality polymer to the industrial fibre industry."
"The teams in Tilburg and Greenwood have worked safely and diligently in the face of ongoing and unprecedented economic challenges for nearly two years," President and CEO Phil McDivitt said. "We made these difficult, but necessary decisions to better serve our customers long-term."
Ascend ranks as a global leader in nylon 6/6 resins and compounds. The firm has annual sales of more than $3 billion and is a unit of New York-based investment firm SK Capital Partners.
An earlier version of this story said the Greenwood plant was closing. The company later clarified that it is not closing the plant, just ending industrial fibre spinning.