 |
| Signing ceremony of DuPont specialty materials facility |
DuPont announced that it is investing more than $80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. The new facility will produce compounded high-end engineering plastics and adhesives to serve customers in transportation, electronics, industrial and consumer products markets. The planned site is expected to become operational in 2020 with expansion through 2023.
DuPont leaders and Zhangjiagang government officials signed the deal at a ceremony in Shanghai at the China International Import Expo (CIIE).
The production facility, to be built at the Yangtze River International Chemical Industrial Park, will support growing demand for DuPont Transportation & Advanced Polymers (T&AP) business' specialized materials. Investment in new compounding lines will be focused primarily on DuPont™ Zytel® nylon engineering plastics, Delrin® acetal resins, Hytrel® thermoplastic polyesters, and Multibase™ thermoplastic elastomers (TPEs), lubricants and specialty silicone materials. The site plans to include new production lines for automotive adhesives, and intends to manufacture additional specialty products in the future, enabling it to be the first multi-business manufacturing facility in China for the new DuPont.
"This investment reinforces our commitment to China and the Asian market where we see strong growth potential across our businesses," said Randy Stone, President of DuPont Transportation & Advanced Polymers. "Our new manufacturing facility will position us well to support anticipated growth in the automotive sector due to strong customer demand for our advanced polymers and solutions from end users such as electric and hybrid vehicle manufacturers. This investment, in cooperation with the Zhangjiagang government, will enable us to continue to deliver innovative solutions that serve high-growth end uses in a cost-effective, responsive way, and strengthen our leadership position in these key application spaces globally."
T&AP has significant manufacturing operations and R&D capabilities globally, in the United States and Canada, Latin America, Europe, Middle East and Africa, and in Asia Pacific, with the most recent investments announced for U.S. sites earlier this year.
About DuPont Transportation & Advanced Polymers
DuPont Transportation & Advanced Polymers (T&AP), a DowDuPont Specialty Products Division business, delivers a broad range of technology-based products and solutions to the transportation, electronics, industrial and consumer markets. T&AP partners with customers to drive innovation by utilizing its expertise and knowledge in polymer and materials science. T&AP works with customers throughout the value chain to enable material systems solutions for demanding applications and environments.
