尼龙巨头，重组！

Group 1 - The core viewpoint of the article is that Ascend Performance Materials has successfully received approval for its Chapter 11 restructuring plan, which is a significant milestone in reducing its debt and strengthening its capital structure for future development [1] - The restructuring process is expected to be completed by the end of the year, allowing the company to enhance its risk resilience and market competitiveness [1] - Ascend Performance Materials filed for Chapter 11 on April 22, 2025, to lower its leverage while continuing to serve approximately 1,650 global customers [1] Group 2 - On June 17, Ascend announced the orderly closure of its hexamethylenediamine production facility in Lianyungang, China, which was its largest investment outside the U.S. with a total investment of approximately 4.2 billion yuan [2] - The Lianyungang facility, which had only been operational for 8 months, was deemed not viable in the changing market dynamics and regulatory environment [2] - Ascend operates 12 production bases globally, employing nearly 3,000 people, and has significant nylon production capacities, including 700,000 tons/year of nylon 66 polymerization and 490,000 tons/year of adiponitrile [2]