The new capital expenditure will total about $78 million.
TOKYO, JAPAN: Teijin Ltd said that Teijin DuPont Films, a global joint venture partnership with E I du Pont de Nemours and Co, will increase its China-based production of polyester film at DuPont Hongji Films Foshan Co Ltd (DPHJ) in Guangdong Province, part of the joint venture’s strategy to expand its Asia regional market.
DPHJ will acquire a new site in NanZhuang, located in the ChanCheng district of Foshan city, initially to construct two polyester film lines, one for thick film and the other for thin film. New capital expenditure will total about $78 million.
The thick film line will be established by relocating a currently inactive production line from overseas to the site. It will be used for the expanded production of competitive products for mainly photovoltaic backsheet, with operation to begin in the second half of 2012. The thin film line will be newly constructed for the expanded production of competitive products for mainly dry film resists and flat panel displays. Operation will begin in 2013. As a result, DPHJ’s polyester film production capacity in Foshan will increase from 50,000 tons to 77,000 tons per annum.
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