DuPont Announces Plans to Increase Packaging & Industrial Polymers Capacity

Reflects Growing Demand for Advanced Materials

Wilmington, Del. (PRWEB) September 15, 2014

As a leading supplier of high-performance materials to the packaging, automotive, industrial and consumer industries, DuPont Packaging & Industrial Polymers today announced its intent to continue to increase production capacity of its ethylene copolymers assets at its Texas manufacturing facilities to meet growing market demand.

Plans include a series of investments totaling more than $100 million to be completed over the next 3 to 4 years. More than one-third of the investment is expected to be installed by the end of 2015. The balance of the investment is expected to be completed over the following 3 years.

Specifically, this investment will support growth in DuPont specialty resins including: DuPont™ Surlyn® ionomer resin, DuPont™ Nucrel ® ethylene acid copolymer resin, DuPont™ Elvaloy® ethylene copolymer resins, DuPont™ Vamac® ethylene acrylic elastomers, and special grades of DuPont™ Elvax® EVA copolymers.

“Market demand for these products is growing. Our differentiated and high-value products are being used in a diverse range of growth markets. This includes packaging that helps reduce food waste and offers consumer convenience, and materials to enable more efficient vehicles, new roads that stand up to tough environments, more durable roofing solutions, and higher-performing architectural glass solutions,” said William J. Harvey, president, DuPont Packaging & Industrial Polymers. “Our customers count on DuPont strengths in application development and new product development to innovate their product offerings. We are pleased to add new capacity of our high-performance polymers to support growth for our customers.”

DuPont Packaging & Industrial Polymers is a world-class manufacturer of high-performance resins and films for a variety of packaging and industrial applications. Its best-known ethylene copolymer products include DuPont™ Surlyn® resins for packaging and industrial applications, Appeel® lidding sealant resins, Bynel® coextrudable adhesives, Selar® PA amorphous polyamide barrier resins, Nucrel® acid copolymers, Elvax® EVA copolymers, Elvaloy®, Elvaloy® AC, Fusabond® modifiers, and Vamac® ethylene acrylic elastomers.

DuPont 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 which may be identified by their use of words like "plans," "expects," "will," "believes," "intends," "estimates," "anticipates" or other words of similar meaning. All statements that address expectations or projections about the future, including statements about the company's growth strategy, product development, regulatory approval, market position, anticipated benefits of acquisitions, outcome of contingencies, such as litigation and environmental matters, expenditures and financial results, are forward-looking statements. Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the company's control. Some of the important factors that could cause the company's actual results to differ materially from those projected in any such forward-looking statements are: fluctuations in energy and raw material prices; failure to develop and market new products and optimally manage product life cycles; significant litigation and environmental matters; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, weather events and natural disasters; ability to protect and enforce the company's intellectual property rights; successful integration of acquired businesses and separation of underperforming or non-strategic assets or businesses and successful completion of the proposed spinoff of the Performance Chemicals segment including ability to fully realize the expected benefits of the proposed spinoff . The company undertakes no duty to update any forward-looking statements as a result of future developments or new information.

# # #

9/15/14

The DuPont Oval Logo, DuPont™, Surlyn®, Appeel®, Bynel®, Selar®, Nucrel®, Elvax®, Elvaloy®, Fusabond® and Vamac® are registered trademarks or trademarks of DuPont or its affiliates.

For the original version on PRWeb visit: http://www.prweb.com/releases/dupont-packaging-polymers/increased-polymer-capacit/prweb12170864.htm