Issue Date: June 7, 2004
... and forms Chinese pacts
DuPont and Wuxi Xingda have consolidated their brush filaments businesses into a global venture. The new company, 70% owned by DuPont and 30% by Xingda, combines the assets of China's DuPont Xingda Filaments, DuPont Filaments Europe, and U.S.-based DuPont Filaments America. The new company employs approximately 500 and makes filaments used in tooth, paint, cosmetic, and industrial brushes. Separately, DuPont's engineering polymers unit has contracted with a plastics compounder in Shanghai to make specialty grades of some of its polyamide, thermoplastic polyester, and liquid-crystal polymer resins.
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