announced that it will expand its KevlarÂ® para-aramid fiber
production facility in Richmond, Va. A new production line, based
on proprietary DuPont fiber technology, will be added at the site,
increasing production capacity for DuPontâ„¢ KevlarÂ® brand fiber
by the end of 2002. Total investment for this expansion is
expected to be $50 million.
"The KevlarÂ® high-performance fiber market is seeing incredible
growth as demand from our core customers continues to
increase and new product applications are developed," said
Diane Gulyas, vice president and general manager - DuPont
Advanced Fiber Systems. "DuPont is committed to the KevlarÂ®
business as a key contributor to our sustainable growth mission,
so we are taking every action we can to meet the evolving needs
of our customers."
The company has successfully completed the first phase of
expansion projects that began in early 2000 and increased
production capacity for KevlarÂ® fiber globally by approximately
The second expansion phase, announced today, will address a
nearly two-year trend of growing demand for high-performance,
high-strength para-aramid fibers - demand that has exceeded
global manufacturing capabilities.
This capacity expansion is based on innovative technology
developed and patented by DuPont and used in the company's
European operations for the past three years. As applied at
Richmond, the technology will include design enhancements
from the European operations that will provide unique process
and product capabilities to support the continually growing needs
of KevlarÂ® customers.
"Adding KevlarÂ® fiber capacity through enhanced technology is
critical to maintaining our leadership position in the market for
aramid products and technologies and reinforces our
commitment to grow with our marketplace partners," Gulyas
KevlarÂ® is a global business serving a wide range of market
applications delivering innovation, technology and solutions in
environments where high-strength and lightweight performance
are demanded. The business serves a global marketplace from
offices in all major regions of the world and has manufacturing
facilities in Northern Ireland, Japan and the United States.