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DuPont to build more plants in Jiangsu in China

DuPont has announced in recently concluded China International Import Expo (CIIE) to build more plants in Jiangsu province of China. DuPont signed the deal with the Zhangjiagang local government during the CIIE for a USD 80 million manufacturing facility, expected to become operational in 2020 and further expanded by 2023.The new facility will be used to produce compounded high-end engineering plastics and adhesives to serve customers in transportation, electronics, industrial and consumer products markets. "This investment reinforces our commitment to China and the Asian market, where we see strong growth potential across our businesses," said Randy Stone, president of DuPont Transportation and Advanced Polymers."Our new manufacturing facility will position us well to support anticipated growth in the automotive sector due to strong customer demand for our advanced polymers and solutions from end users such as electric and hybrid vehicle manufacturers."