Responding to a growing demand for DuPont Kevlar brand products, DuPont Protection Technologies said it has restored all Kevlar manufacturing facilities to operate at full capacity.
The company also announced that Kevlar prices will be increasing.
A new Kevlar plant is being built at DuPont’s Cooper River site in South Carolina, and the company said the facility will enable production of higher performing, next-generation fibers.
“We are seeing greater demand for current and more advanced products across markets including automotive, aerospace, personal protection and many industrial applications,” said Dale Outhous, the global marketing director for DuPont Protection Technologies.
The new Kevlar facility, an investment exceeding $500 million, is expected to be fully operational by the beginning of 2012. It will incorporate the latest fiber production technology and enable the business to deliver higher performing products.
“While these investments are crucial to speed innovation and provide additional services for customers and development partners, the business also must retain its financial health for continued growth,” Outhous said.
DuPont told its Kevlar customers that effective this month, or as contracts permit, the business will increase pricing for Kevlar products by an average 5 percent globally.