DuPont continues to invest in ongoing initiatives to improve our asset productivity and competitiveness around the world.
WILMINGTON, Del. (PRWEB) April 09, 2018
DuPont Safety & Construction, maker of DuPont™ Nomex®, has announced it will complete the addition of Nomex® Filament Yarn capacity at the DuPont Asturias site in Spain. This decision marks a total project investment of more than $60 million.
“DuPont continues to invest in ongoing initiatives to improve our asset productivity and competitiveness around the world,” explained John Richard, vice president and general manager for DuPont™ Kevlar® and Nomex®. “This investment decision supports strong market demand, with plans for product commercialization in early 2019.”
Nomex® is a heat- and flame-resistant fiber used to help provide protection to millions of people and critical processes worldwide. The Nomex® Filament Yarn project will support automotive hoses, protective apparel, fire service and aerospace needs.
“The Nomex® Filament Yarn Project is another example of DuPont investing in our business and compliments our global footprint,” Richard added.
About Safety & Construction
The Safety & Construction business, a business unit of DowDuPont Specialty Products Division, is a global leader in products and solutions that protect what matters – people, structures and the environment – and enables its customers to win through unique capabilities, global scale and iconic brands including Corian®, Kevlar®, Nomex®, Tyvek®, Styrofoam™ and Filmtec®. For more information about DuPont Protection Solutions visit: http://www.dupont.com/corporate-functions/our-company/businesses/protection-solutions.html.
About DowDuPont Specialty Products Division
DowDuPont Specialty Products, a division of DowDuPont (NYSE: DWDP), is a global innovation leader with technology-based materials, ingredients and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, building and construction, health and wellness, food and worker safety. DowDuPont intends to separate the Specialty Products Division into an independent, publicly traded company. More information can be found at http://www.dow-dupont.com.
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On December 11, 2015, The Dow Chemical Company (“Dow”) and E. I. du Pont de Nemours and Company (“DuPont”) announced entry into an Agreement and Plan of Merger, as amended on March 31, 2017, (the “Merger Agreement”) under which the companies would combine in an all-stock merger of equals transaction (the “Merger Transaction”). Effective August 31, 2017, the Merger Transaction was completed and each of Dow and DuPont became subsidiaries of DowDuPont Inc. (“DowDuPont”). For more information, please see each of DowDuPont’s, Dow’s and DuPont’s latest annual, quarterly and current reports on Forms 10-K, 10-Q and 8-K, as the case may be, and the joint proxy statement/prospectus included in the registration statement on Form S-4 filed by DowDuPont with the SEC on March 1, 2016 (File No. 333-209869), as last amended on June 7, 2016, and declared effective by the SEC on June 9, 2016 (the “Registration Statement”) in connection with the Merger Transaction.
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