DuPont Announces Plans to Increase Packaging & Industrial Polymers Capacity
Reflects Growing Demand for Advanced Materials
WILMINGTON, Del., Sept. 16, 2014 – As a leading supplier of high-performance materials to the packaging, automotive, industrial and consumer industries, DuPont Packaging & Industrial Polymers today announced its intent to continue to increase production capacity of its ethylene copolymers assets at its Texas manufacturing facilities to meet growing market demand.
Plans include a series of investments totaling more than $100 million to be completed over the next 3 to 4 years. More than one-third of the investment is expected to be installed by the end of 2015. The balance of the investment is expected to be completed over the following 3 years.
Specifically, this investment will support growth in DuPont specialty resins including: DuPont™ Surlyn® ionomer resin, DuPont™ Nucrel ® ethylene acid copolymer resin, DuPont™ Elvaloy® ethylene copolymer resins, DuPont™ Vamac® ethylene acrylic elastomers, and special grades of DuPont™ Elvax® EVA copolymers.
“Market demand for these products is growing. Our differentiated and high-value products are being used in a diverse range of growth markets. This includes packaging that helps reduce food waste and offers consumer convenience, and materials to enable more efficient vehicles, new roads that stand up to tough environments, more durable roofing solutions, and higher-performing architectural glass solutions,” said William J. Harvey, president, DuPont Packaging & Industrial Polymers. “Our customers count on DuPont strengths in application development and new product development to innovate their product offerings. We are pleased to add new capacity of our high-performance polymers to support growth for our customers.”
DuPont Packaging & Industrial Polymers is a world-class manufacturer of high-performance resins for a variety of packaging and industrial applications. Its best-known ethylene copolymer products include DuPont™ Surlyn® resins for packaging and industrial applications, Appeel® lidding sealant resins, Bynel® coextrudable adhesives, Selar® PA amorphous polyamide barrier resins, Nucrel® acid copolymers, Elvax® EVA copolymers, Elvaloy®, Elvaloy® AC, Fusabond® modifiers, and Vamac® ethylene acrylic elastomers.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.
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