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DSM will again invest in new production capacity for Dyneema fibre, with a new unit to be built at DSM’s facility in Greenville, North Carolina (USA).
The investment will amount to several tens of millions of USD, and will bring the total number of fibre lines for the company to ten. DSM says that the expansion of Dyneema fibre capacity is a response to the continued strong demand in all its application areas. The new unit is expected to come on stream in early 2008, with construction is planned to start by the end of this year.
“Investing in Dyneema contributes to our strategy Vision 2010 – Building on Strengths,” said Nico Gerardu, member of DSM’s Managing Board. “Despite the already aggressive growth of the business, demand for Dyneema products has been larger than capacity to supply for several years in a row. Dyneema is and remains a clear example of our ambitions in the area of market-driven growth and innovation.”
“This next expansion will help us to better serve our faithful customers,” adds Christophe Dardel, President of DSM Dyneema. “ DSM will continue to further expand its global capacity for Dyneema to maintain its global market leadership position. To our customers this will provide another example of our commitment to be the world’s most reliable quality supplier of HPPE products.”
Dyneema is produced in Heerlen (The Netherlands) and in Greenville, North Carolina (USA). DSM Dyneema is also a partner in a high modulus polyethylene (HMPE) manufacturing joint venture in Japan.
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