DuPont, Asahi Kasei Sign Agreement to Build Resin Plant in China
The new facility will help meet the growing demand for POM in China. The current market size is estimated at over 100,000 tons per year. China will remain the world's fastest-growing POM market and this capacity is critical for both DuPont Engineering Polymers' and Asahi Kasei performance plastics' continued success.
This 50/50 partnership between DuPont and Asahi Kasei combines the technological and marketing expertise of the two partners. The cooperation will supply products to meet the needs of the growing market. The joint venture will handle product marketing and distribution within China. However, the two partners will continue to use their own established networks to compound the polymer and market products outside China.
DuPont, a major global supplier of POM homopolymer resins with superior physical properties and high "value in use" in many applications, will continue its focus in all existing market segments. The addition of acetal copolymer resins from this joint venture will complement the DuPont POM homopolymer resins offering
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.