DuPont's recent decision to cut 4,000 jobs will have little effect on its plastic resins unit, but a slowing economy will lead the firm's DuPont Teijin Films joint venture to cut 300 jobs and close two older production lines by midyear.
In resins, Wilmington, Del.-based DuPont is seeking 80-120 voluntary job cuts, primarily via early retirement, at its specialty polyester and intermediates site in Old Hickory, N.C.
DuPont's nylon resin operations, as well as its PET bottle resin plant in Cedar Creek, N.C., will be unaffected by the cuts.
The story at Dupont Teijin Films is different, as the Wilmington-based venture — which ranked as North America's largest film and sheet maker in a recent Plastics News survey — will eliminate 300 manufacturing and administrative jobs in North America. That number represents 15 percent of DuPont Teijin's North American work force and 7.5 percent of its global employee count.
The cuts will come from film plants in Circleville, Ohio; Hopewell and Richmond, Va.; Florence, S.C.; and its Wilmington headquarters. The firm also is idling two older film lines in Circleville and Hopewell to optimize production.
"We're in good shape, but there's no question the U.S. economy has seen a decline, and that's affected our customers and affected us," DuPont Teijin spokeswoman Anne McIntosh said.