MIDLAND, Mich., March 3, 2021 /PRNewswire-PRWeb/ -- DuPont
(NYSE: DD) today announced investments to expand production of its
MOLYKOTE® Specialty Lubricants at manufacturing facilities in
Berkeley County, South Carolina,
and Chiba, Japan.
To address the growing market for autonomous and electric
vehicles, as well as to meet regulatory requirements and
sustainability needs for automotive and industrial applications,
DuPont has invested more than $40
million in MOLYKOTE® manufacturing facilities to ensure
continuing global capacity and a cost-effective supply chain for
the production of high-quality, high-performance lubrication
products. Coupled with extensive tribology and material science
expertise, these investments reinforce DuPont's capability for
market growth in automotive, electronics, food and beverage,
healthcare, heavy industry, and renewable energy and position the
company for geographic expansion.
The new production sites, which feature state-of-the-art control
systems for improved capacity and reliability, also benefit from
transfers of equipment and experienced personnel from former
MOLYKOTE® manufacturing sites.
DuPont's Cooper River site – located in Berkeley County, South Carolina – is home to
DuPont™ Hytrel® Thermoplastic Elastomers operations and has been
expanded to include manufacturing of MOLYKOTE® Specialty
Lubricants.
"Expansion of the site has created tremendous economic growth
and opportunities for DuPont and the Tri-County region," said
Bill Alexander, Cooper River site
leader and unit leader for DuPont's MOLYKOTE®, Hytrel™ and Liveo™
brands. "We are excited to be in an exceptional position to better
service our customers and provide solutions to their lubrication
challenges."
In addition to its new investments in its facilities, DuPont has
supported the Cooper River community with both ongoing volunteer
efforts and a donation of property for a much-needed parking area
for the Cypress Gardens boat landing and botanical preserve.
The MOLYKOTE® plant in Chiba,
Japan, operates as part of DuPont Toray Specialty Materials
(DTSM) within the Chiba Toray site, where DTSM manufactures a wide
range of materials, including specialty silicones for
electronics.
"At the Chiba site, our
manufacturing supports customers around the globe, including those
in critical industrial and automotive markets," said Toki Terukazu,
Chiba operations leader. "Demand
is strong, and sales volume is increasing."
Reflecting DuPont's environmental stewardship efforts,
Chiba site employees are actively
involved in community volunteering, especially contributing through
local efforts for ocean cleanup.
About MOLYKOTE® Specialty Lubricants
For more than 70 years, customers around the world have trusted the
MOLYKOTE® brand for performance and expertise to solve or prevent
virtually any lubrication problem and to save energy. Available
through a global network of channel partners, MOLYKOTE® brand
lubricants – which include anti-friction coatings, compounds,
dispersions, greases, oils and fluids, and pastes – serve the
automotive market and industrial/maintenance, repair and overhaul
(MRO) markets. For more information about the MOLYKOTE® brand,
visit molykote.com. Follow MOLYKOTE® on Twitter:
twitter.com/molykote Follow MOLYKOTE® on LinkedIn:
linkedin.com/showcase/molykotelubricants
About DuPont Electronics & Industrial
DuPont Electronics & Industrial is a global supplier of new
technologies and performance materials serving the semiconductor,
circuit board, display, digital and flexographic printing,
healthcare, aerospace, industrial, and transportation industries.
From advanced technology centers worldwide, teams of talented
research scientists and application experts work closely with
customers, providing solutions, products and technical service to
enable next-generation technologies.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with
technology-based materials and solutions that help transform
industries and everyday life. Our employees apply diverse science
and expertise to help customers advance their best ideas and
deliver essential innovations in key markets including electronics,
transportation, construction, water, healthcare and worker safety.
More information about the company, its businesses and solutions
can be found at http://www.dupont.com. Investors can access
information included on the Investor Relations section of the
website at investors.dupont.com.
# # #
DuPont™, the DuPont Oval Logo, and all trademarks and service
marks denoted with ™, SM or ® are owned by affiliates of DuPont de
Nemours, Inc. unless otherwise noted.
3/3/2021
Media Contact
Chris Swart, DuPont,
+1-248-979-4303, christine.swart@dupont.com
Margaret Guzzardo, AGP &
Associates, Inc., for DuPont, +1-989-839-5800,
guzzardo@agp-inc.com
SOURCE DuPont