Richmond, VA (PRWEB) June 24, 2013
DuPont Protection Technologies announced today that it is increasing its capacity to produce specialty colored DuPont™ Kevlar® yarn. This is in response to growing demand from customers for colored yarns used in a range of thermal, cut protection and composites for consumer and industrial applications.
DuPont, the world’s only producer of Kevlar®, offers a wide selection of colored para-aramid yarns. In addition to its natural yellow color, Kevlar® also is available in black, red, orange, green and blue and offers color innovation through collaborative science. Kevlar® colored yarn is used in a variety of applications including cut and heat resistant gloves, military apparel, firefighter turnout gear and flame-resistant industrial and racing apparel, as well as consumer applications including kayaks and MOTOROLA smartphones. A wide variety of color options gives customers aesthetic and functional flexibility and provides new and better ways to help them differentiate their products.
“DuPont is committed to fostering inclusive innovation to address a number of challenges on a global scale,” said Marc Doyle, president, DuPont Protection Technologies. “Our continued investment in Kevlar® enables us to take on new challenges, as we continuously innovate and collaborate with our customers to make the world a safer place.”
The additional color capacity is being added to the DuPont plant in Richmond, Va. and is expected to become available in October 2013. This latest investment in Kevlar® colored yarn capacity follows the company’s $500 million investment in a production facility near Charleston, S.C. The South Carolina plant opened in fall 2011. DuPont manufactures Kevlar® through a network of four sites globally in three different regions: Richmond, Va.; Charleston, S.C.; Maydown, Northern Ireland and at a DuPont joint venture, DuPont-Toray Company in Tokai, Japan. DuPont also has research and development facilities and customer applications centers for Kevlar® in Shanghai, China; Hyderabad, India; Paulina, Brazil; Meyrin, Switzerland; Richmond, Va. and Wilmington, Del.
After more than 40 years, the proven performance and powerful brand awareness of Kevlar® continues to create significant new opportunities where the combination of lightweight strength and other unique properties enable new designs, increases reliability and helps save lives. Best known for its use in ballistic and stab-resistant body armor, Kevlar® has helped save the lives of thousands of law enforcement and military personnel around the world.
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.
Forward-Looking Statements: This news release contains forward-looking statements based on management's current expectations, estimates and projections. All statements that address expectations or projections about the future, including statements about the company's strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements. Some of the forward-looking statements may be identified by words like "expects," "anticipates," "plans," "intends," "projects," "indicates," and similar expressions. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions. Many factors, including those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by DuPont, particularly its latest annual report on Form 10-K and quarterly report on Form 10-Q, as well as others, could cause results to differ materially from those stated. These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions, including inflation, interest and foreign currency exchange rates, of countries in which the company does business; competitive pressures; successful integration of structural changes, including restructuring plans, acquisitions, divestitures and alliances; cost of raw materials, research and development of new products, including regulatory approval and market acceptance; seasonality of sales of agricultural products; and severe weather events that cause business interruptions, including plant and power outages, or disruptions in supplier and customer operations. The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.
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