DUPONT BOOSTING ASIAN PRODUCTION BY 40%
NEW YORK — DuPont Textiles & Interiors is in the midst of a round of plant expansions that will increase its spandex manufacturing capacity in Asia by about 40 percent.
“We are going to be the base for a DTI view of Asia,” said DuPont group vice president Steve McCracken, referring to the business unit the Wilmington, Del.-based industrial giant plans to spin off some time over the next two years.
The expansions include:
Opening a Lycra spandex plant in Singapore this month, with an annual capacity of 6,000 tons.
Expanding the capacity of its Shanghai Lycra spandex plant by 6,000 tons by the end of this year.
Increasing its Lianyungang, China, generic spandex capacity by 4,000 tons by early next year.
The company has plans for another plant, also in Shanghai, with a proposed capacity of 17,000 tons.
McCracken said all three plants use a new technology that reduces the cost of building and running the plant. He estimated the costs of the three plants at under $200 million.
The company’s fiber operation also has nylon and polyester plants in Taiwan, with plans to further expand production of nylon in China.
DuPont Textiles & Interiors generates about 25 percent of its $6.5 billion in revenues in Asia.