Invista

For the storage virtualization software product, see EMC Invista.

Invista (stylized as INVISTA) is a fiber, resin, and intermediates company headquartered in Wichita, Kansas, United States. It has about 10,000 employees in over 20 countries worldwide.^[1] The predecessor DuPont Textiles and Interiors was formed from DuPont's textile fibers division in February 2003.^[2] The company was given the trademarked name INVISTA and was then sold to privately owned Koch Industries on April 30, 2004 for US$4.2 billion.^[3][4] Koch Industries combined the newly acquired organization with their KoSa subsidiary to complete the INVISTA company.^[4]

INVISTA

Company type	Subsidiary
Industry	Spandex, Resin, Chemical, Polymer
Founded	February 2003; 22 years ago (2003-02) (as DuPont Textiles and Interiors) April 30, 2004 (2004-04-30) (as INVISTA)
Headquarters	Wichita, Kansas , United States
Number of employees	10,000
Parent	Koch Industries
Website	www.invista.com

Operations

INVISTA's products include many brands.

In 2008, Invista sued Rhodia, a chemical company, for theft and misappropriation of a chemical process technology used to produce nylon 6,6.^[5]

In February 2009, INVISTA announced a refinancing and capitalization plan that had reduced its debt by $1.6 billion since the previous June.^[6] In the same year, Invista was the launch sponsor for WWDChina Week in Review, a weekly fashion publication.^[7]

Also in 2009, 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.^[8][9] Prior to the settlement, the company had disclosed to the United States Environmental Protection Agency (EPA) more than 680 violations after auditing 12 facilities acquired from DuPont in 2004.^[10][11] In June 2012, DuPont & INVISTA agreed to an out of court settlement to resolve indemnification issues related to these environmental issues.^[12]

In 2019, Invista sold its Apparels & Advanced Textiles business to Shandong Ruyi. The sale included brands Lycra, Coolmax, and Thermolite. It was said to have cost more than $2 billion.^[13] Koch Industries still retains a minority stake in The Lycra Company.^[14]