Domo Chemicals, a leading producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China. The new plant will be capable of producing 50,000 tons of sustainable and innovative engineered nylon compounds each year. The company will invest €12 million in the plant.
The company signed a new factory project through cloud contract with PingHu DuShan port economic development district on February 20, 2020. Production is expected to commence in the fourth quarter of this year. The new plant will have more than 11,500 square metres floor space. The company plans to install multiple production lines at the first stage of development, which would offer an estimated capacity of 25,000 tons/year. There will be enough additional space available to cope with future demand requirements. The move is in line with the company’s global growth strategy with a strong focus on the Asia Pacific (APAC) region, according to Domo Chemicals.Domo Chemicals, a leading producer of high-quality engineering materials for a diverse range of markets, has announced plans for a new state-of-the-art plant in Zhejiang, China. The new plant will be capable of producing 50,000 tons of sustainable and innovative engineered nylon compounds each year. The company will invest €12 million in the plant.#
The new plant will be located in the convenient transportation port area of DuShan Pinghu city, Zhejiang province, which is in close proximity to Shanghai and facing the East China Sea. The modern factory will integrate R&D, production, and sales. It will mainly develop and produce modified engineering plastics such as nylon 6, nylon 6.6 and high temperature nylon (HTN). These products meet the rising market demand for modified materials for the automotive, electronics, and consumer industries.
Domo will implement measures that exceed the requirements for environmental protection for the equipment, processes, and technologies used at the new plant. The company will be investing in new air and water treatment technologies, and in the reduction of water and energy consumption.
The contract, which was signed remotely during the ongoing coronavirus situation, demonstrates Domo’s long term commitment to the Chinese economy and the resilience of local Chinese colleagues and partners. The company has strictly complied with the government's protection requirements at all times and diligently checked on the wellbeing of the work personnel.
Fibre2Fashion News Desk (GK)
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