DuPont Plans $500 Million Investment to Expand Kevlar

DuPont says it plans to invest more than $500 million by 2010 in a multi-phase project to boost manufacturing capacity by more than 25% for the company’s Kevlar para-aramid fiber. It is the largest Kevlar expansion since the product was introduced in 1965. DuPont will spend approximately $50 million of the total investment to increase capacity of Kevlar polymer, the material that is spun into the fiber, at its Richmond, VA facility, for start-up by year-end. DuPont also manufactures Kevlar at Maydown, U.K., and Tokai, Japan, but did not disclose the...

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