DuPont is investing more than $ 80 million in a new manufacturing facility in Zhangjiagang, Jiangsu Province, eastern China. The new plant will produce high-end composite engineering plastics and adhesives to serve customers in the transportation, electronics, industrial and consumer markets. The project is expected to be operational in 2020 and the expansion will extend to 2023. DuPont leaders and Zhangjiagang government officials signed the agreement at the China International Import Expo in Shanghai.
Signing ceremony of DuPont East China Special Materials Factory
The production base is located in the Yangtze River International Chemical Industrial Park in Jiangsu and will support the growing demand for professional materials for DuPont Transportation and Advanced Polymers (T & AP) businesses. The investment in the new compounding production line will focus on DuPont's Zytel polyamide (PA) engineering plastics, Delrin acetal (POM) resin, Hytrel thermoplastic polyester, Multibase thermoplastic elastomer (TPE), lubricants and specialty silicone resin materials. The plant plans to install a new automotive adhesives production line and produce more specialty products in the future, making it DuPont's first multi-business manufacturing plant in China.
Randy Stone, president of DuPont Transportation and Advanced Polymers, said: "This investment strengthens our commitment to the Chinese and Asian markets, and we believe that our business has strong growth potential in the Asian market. Because of our customers' advanced polymerization There is strong demand for materials and solutions, such as electric and hybrid vehicle manufacturers, and our new plant will allow us to well support the expected growth of the automotive industry. This investment in cooperation with the Zhangjiagang government will allow us to continue to provide Innovative solutions that serve high-growth end-uses in a cost-effective and responsive manner and strengthen our leadership in these key application areas around the world. "
Thermostat and water outlet made of Zytel polyamide
China's automotive industry will become an important customer of DuPont's Zhangjiagang manufacturing center. According to the China Automobile Industry Association (CAAM), China produced 20.49 million vehicles in the first nine months of 2018. Last year, China produced 29 million cars, more than 2.5 times the number two in the United States. China is also the world leader in new energy vehicle production, which is driving demand for advanced automotive materials and multi-material connection technologies. In 2017, the sales of new energy vehicles were about 777,000, and the government predicts that by 2020, the annual output of new energy vehicles will reach 2 million. By 2025, the sales of new energy vehicles will account for 20% of total vehicle sales %.