Aug 23 2007
DuPont today announced that it has enhanced its global manufacturing network in support of strong Asia demand for its engineering resins through a 20,000-tons-per-year expansion at its Ulsan, Korea, compounding facility for nylon resins.
The capacity expansion is in response to rapid growth in demand for DuPont(TM) Zytel(R) nylon resins in the region, particularly for automotive applications, and complements other recent engineering polymers investments in Singapore for DuPont(TM) Zytel(R) HTN high-performance polyamide and DuPont(TM) Vespel(R) parts and shapes. DuPont's Engineering Polymers business also has a significant presence in the company's Shanghai research and development center and in the DuPont Nagoya, Japan, Automotive Center.
"Continuing to invest in the regions with the highest market growth is a key strategy for the company and our business," Richard Mayo, global business director -- DuPont Engineering Polymers, said. "This new capacity will enable us to respond quickly to local customer needs and ensure the supply of high- quality products required to meet the rapidly increasing demand in Asia. We are committed to a program of investment to support the growth of our global customers and at the same time reinforce our position as the leading supplier of engineering resins."
"One of our company's strategies is going where the growth is. We are pleased to have this capacity expansion in Korea to meet the increasing demand of two key growth industries in Korea, which are automotive and electronics," Cheoroo Won, president of DuPont Korea, said. "This new capacity will help us strengthen our partnership with our global and regional customers as they continue to grow their business in Korea and in the region."
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.