DuPont Starts Kevlar Facility
EI DuPont de Nemours & Co. (NYSE:DD) started a $500-million Kevlar para-aramid fiber plant in Cooper River, South Carolina. The plant, combined with a $50 million expansion at the existing Richmond, VA facility and productivity improvements at two other plants, will increase the global Kevlar capacity by 25%. DuPont expects Kevlar capacity to rise by [...]
EI DuPont de Nemours & Co. (NYSE:DD) started a $500-million Kevlar para-aramid fiber plant in Cooper River, South Carolina.
The plant, combined with a $50 million expansion at the existing Richmond, VA facility and productivity improvements at two other plants, will increase the global Kevlar capacity by 25%. DuPont expects Kevlar capacity to rise by 40% over the next two years, due to additional productivity improvements and new technology. The expansion was first announced in 2007.
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