DuPont to invest US$500mln in Kevlar® plant expansion in South Carolina

DuPont's Cooper River plant in South Carolina is to receive a planned investment to the tune of US$500 mln for expansion of capacity of Kevlar®. Kevlar® is a high performance para-aramid fiber that finds application in industrial and military uses. The investment will include construction of a new Kevlar® fiber facility, scheduled to begin in January 2008. The plant startup is scheduled for 2010. The company is investing an additional US$50 mln at its Spruance plant in Richmond, Va., to increase Kevlar® polymer production. The new Cooper River facility is the focal point of a multi-phase, multi-year Kevlar® production expansion, slated to increase global Kevlar® production capacity by over 25%. The combined expansion represents the largest single investment in Kevlar® and the largest capacity increase since the fiber was introduced in 1965.
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