MOSCOW (MRC) -- DowDuPont has announced that it will increase production capacity at its site in Shenzhen, China, to meet the strong demand for engineered polymers used in the automotive, consumer and electronics markets, as per GV.
The company plans to invest approximately USD 42 million to install three new production lines by the second quarter of 2019 and have them fully operational by the end of 2019. According to DowDuPont, this investment will support the growing demand for speciality resins including: Zytel polyamide (PA), Zytel HTN (High Temperature Nylon), Zytel speciality nylon and Hytrel thermoplastic polyester elastomer. The in-house compounding capacity of Hytrel is the first of its kind in the Asia Pacific region, the company said.
"We opened the Shenzhen facility in June 2016 and since then have seen extraordinary growth in demand for engineered polymers from our customers," said Randy Stone, president, DowDuPont Transportation & Advanced Polymers. "Investing in this capacity expansion demonstrates our commitment to respond to the rapidly growing demand by delivering innovative materials and solutions to meet the needs of our customers and the markets they serve."
As MRC reported earlier, in late September 2017, DowDuPont Materials Science, the business division of newly formed DowDupont, commissioned ethylene and polyethylene (PE) units in Freeport, Tex., as part of Dow Chemical Co.'s previously announced USD6-billion US Gulf Coast (USGC) investment program in Texas and Louisiana on projects to utilize low-cost and advantaged US shale gas feedstock. The 1.5 million-tonne/year ethylene plant and 400,000-tpy PE plant - which is based on Dow’s proprietary Solution process technology for production of the company’s ELITE brand enhanced PE resins - were both in operation as of Sept. 21.
MRC