The largest manufacturer of high performance polyethylene products in the world to invest several tens of millions of USD in expansion of fiber lines.
DSM Dyneema, the inventor and manufacturer of Dyneema a superstrong polyethylene fiber, will again invest in new production capacity for Dyneema fiber. The new unit will be built at Royal DSM’s N.V. facility in Greenville, North Carolina (USA).
The investment will amount to several tens of millions of USD, and will bring the total number of fiber lines for the company to ten. The expansion of Dyneema fiber capacity is a response to the continued strong demand in all its application areas. The new unit is expected to come on stream early 2008. Construction is planned to start by the end of this year.
Dyneema, the world’s strongest fiber, is a super-strong polyethylene fiber that offers maximum strength combined with minimum weight and is up to 15 times stronger than quality steel and up to 40% stronger than aramid fibers such as Kevlar.
Investing in Dyneema contributes to our strategy Vision 2010 – Building on Strengths,
says 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.”
