Full-Time
Produces nylon 6,6 materials globally
No salary listed
Mid, Senior
Friendswood, TX, USA
Upload your resume to see how it matches 11 keywords from the job description.
PDF, DOC, DOCX, up to 4 MB
Ascend Performance Materials specializes in the production of nylon 6,6, a versatile material used in a wide range of everyday products. The company operates nine locations globally, including five manufacturing facilities in the southeastern United States and a compounding facility in Europe. Their manufacturing process involves advanced chemical processing techniques, allowing them to create high-quality nylon 6,6 that serves as a key component in items such as apparel, airbags, cable ties, circuit boards, carpets, and car parts. What sets Ascend apart from its competitors is its commitment to safety, innovation, and community engagement, with a workforce of 2,500 employees dedicated to developing solutions that positively impact daily life. The company's goal is to lead the market in nylon 6,6 solutions while making a meaningful difference in the communities they operate in.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Houston, Texas
Founded
2009
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
Wellness Program
Performance Bonus
Professional Development Budget
In connection with this process, Ascend has received a commitment for US$250 million in debtor-in-possession financing from its lenders, which is expected to provide it with sufficient liquidity to support it throughout the Chapter 11 process.
Initiates restructuring process with support from existing lenders to strengthen balance sheet and improve financial foundationObtains commitment for $250 million in financingContinues to operate as usual and provide high-performance materials to customers; shipments and product delivery to continue in normal courseHOUSTON, April 21, 2025 /PRNewswire/ -- Ascend Performance Materials ("Ascend" or the "Company"), a leading producer of high-performance and durable engineered materials for everyday essentials and new technologies, announced today that, with the support of its key stakeholders, it has initiated Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas. The Chapter 11 process will enable Ascend to deleverage its balance sheet and continue providing best-in-class materials to nearly 1,650 customers globally. Ascend's subsidiaries that are located outside of the U.S. are not included in the Chapter 11 filings.With the support of its lenders, Ascend will use the Chapter 11 process to pursue a value-maximizing restructuring transaction that will enable the Company to emerge from Chapter 11 as a healthy, well-capitalized business. The Company will operate as usual throughout the Chapter 11 process and will continue to manufacture and produce high-performance materials that improve the quality of life today and inspire a better tomorrow
Ascend Performance Materials secures $100 million loan amid financial restructuring.
From Apollo Zhong, CEO of XGIMI; "We're thrilled to introduce Ascend at CES 2025 and showcase our latest technological explorations,...Ascend is a symbol of our dedication to continuous innovation in home entertainment and a testament to our drive to provide users with powerful, elegant solutions that enhance their everyday lives.
HOUSTON, Dec. 17, 2024 /PRNewswire/ -- Ascend Performance Materials announced today the successful production of acrylonitrile, hexamethylene diamine, adipic acid and nylon 6,6 from feedstocks derived from used cooking oil, expanding its Bioserve portfolio. The resulting nylon 6,6 has a 25% lower product carbon footprint than nylon 6,6 made from fossil-fuel derived feedstock