Leading global polyester film maker DuPont Teijin Films' China joint venture has opened a new facility.
DuPont Hongji Films (Foshan) Co. Ltd., a 51:49 JV between DuPont Teijin Films China and Foshan Fosu Technology Group Co. Ltd., held an opening ceremony last month for the new facility.
The factory's first production line makes thick polyester films in the range of 50 to 350 micrometers for Chinese customers in the photovoltaic backsheet and LCD optical film businesses, the company said in a news release.
China is the world's largest manufacturer of solar panels and LCD monitors, the company said.
The new line bumps up DuPont Hongji's annual capacity by 20 percent as well as broadens its product portfolio, meeting China's increasing demand for high-end, differentiated polyester films.
Both owners pledge to consider further upgrading their investment in the formats of capacity expansion and technology transfer.
The new site occupies a parcel of land that's nearly 27 acres, leaving plenty of room for further expansion and merger with the old factory
Total investment will exceed $97 million.