SHENZHEN, China, July 9 /PRNewswire-FirstCall/ -- DuPont (NYSE: DD) today announced an expansion of compounding capacity for its range of DuPont(TM) Zytel(R) nylon 6,6 resins and DuPont(TM) Zytel(R) HTN high performance polyamide resins at its manufacturing site in Shenzhen, China. Start up of production is planned for the second quarter 2009. When combined with a recently announced expansion for Zytel(R) resins in Ulsan, South Korea, the result will be an additional 65,000 metric tons of capacity to serve growing markets in Asia.
"One of DuPont's key strategies is 'going where the growth is.' The investment at Shenzhen is part of our overall strategy to respond to long-term growth in demand for engineering polymers," said Keith J. Smith, vice president and general manager -- DuPont Engineering Polymers. "Our continued investment in the Shenzhen site demonstrates our commitment to reinforce our position as the leading supplier of nylon 6,6 engineering plastics globally and in Asia. We expect that the market in China will continue to grow at high rates. This investment will allow us to continue to provide a local source of supply."
"In terms of high performance Zytel(R) HTN PPA, this expanded capacity enables us to continue to respond to automotive and electronics market demands for materials with higher temperature performance properties. This will enable us to better support the growth of our global and Asia Pacific customers," Smith said.
In addition to manufacturing capability, DuPont also has invested in providing innovative technical solutions to engineering resin customers. The DuPont R&D Center in Shanghai is equipped with the full spectrum of Computer Aided Design and Computer Aided Engineering capabilities. These enhanced molding and testing capabilities will support development work for customers within a shorter time period. In addition, the DuPont Automotive Center in Nagoya, Japan, is collaborating with customers to provide new solutions for auto system applications.
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 Zytel(R) are registered trademarks or trademarks of DuPont or its affiliates.
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