DuPont Packaging & Industrial Polymers announces 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 three tofour 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 three 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," says William J. Harvey, president of DuPont Packaging & Industrial Polymers. "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. 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."