Published:
DuPont Invests $150 Million in Key Growth Markets for Ethylene Copolymers
DuPont Invests $150 Million in Key Growth Markets for Ethylene Copolymers
WILMINGTON, Del., May 6 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) today
announced that it is investing approximately $150 million to expand and
upgrade manufacturing facilities inEurope,the United States andAsia to meet
strong demand for its specialty ethylene copolymers in photovoltaics,
packaging and automotive markets, as well as for new infrastructure in
emerging economies.
"This investment will result in over 200 million pounds of additional
capacity, enhanced capability of our current facilities, and reduced energy
consumption of our operations," said William F. Weber, global director, DuPont
Ethylene Copolymers. "Importantly, it will accelerate DuPont's ability to
respond to rapidly growing demand as we serve our customers worldwide."
Newly announced investments include:
-- Added capacity at Dordrecht, the Netherlands, to expand the global
operations network for DuPont(TM) Fusabond(R) modifiers and DuPont(TM)
Bynel(R) adhesive resins and to serve the European market. The new
capacity is expected to be online in 2009.
-- Enhanced capabilities for DuPont(TM) Surlyn(R) ionomer resin and
Vamac(R) ethylene acrylic elastomers from DuPont performance elastomers
and upgrades to improve energy efficiency at DuPont's Sabine operation
in Orange, Tex. These will be operational in 2008 and 2009.
-- Production efficiency investments at the Victoria, Tex., facility for
DuPont(TM) Elvax(R) ethlyene vinyl acetate copolymer (EVA) products.
These will be operational in 2008 and 2009.
As previously announced, DuPont will construct an EVA facility near
Beijing, China, with its joint venture partner, Sinopec. The facility, the
first EVA manufacturing operation for DuPont inChina, will supply a broad
range of EVA products, thus strengthening DuPont's position in the world's
fastest growing EVA market. The facility will begin operations in 2009.
DuPont is a science-based products and services company. Founded in 1802,
DuPont puts science to work by creating sustainable solutions essential to a
better, safer, healthier life for people everywhere. Operating in more than
70 countries, DuPont offers a wide range of innovative products and services
for markets including agriculture and food; building and construction;
communications; and transportation.
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM), and
Fusabond(R), Bynel(R), Surlyn(R), Vamac(R), Vamac(R) and Elvax(R) are
registered trademarks or trademarks of DuPont or its affiliates.
SOURCE DuPont
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: Tags: Banking and Finance, delaware
_ _
Search News
Daily News
