Page 34 - Plastics News August 2022

BUSINESS NEWS

Dupont Opens Medical Tubing Facility In South Global Automotive
Carolina Plastics Market Boosted
By The Need To
Minimize Co2 Emissions

or every kilogram reduced from
Fa vehicle's weight, plastics re-
duce a car's carbon dioxide (CO2)
emissions by approximately 20 kg
during its operating life cycle. The
stringent regulations for OEMs to
meet sustainability targets will drive
the automotive plastics sector. Frost
& Sullivan's recent analysis, Global
Automotive Plastics Growth Oppor-
tunities, finds that original equip-
formal ribbon-cutting ceremony business, and this biopharma processing ment manufacturers (OEMs) need
A on July 28 in the company of state manufacturing investment at Cooper for lightweight materials expedites
and local officials marked the opening River is a key milestone in our growth the automotive plastics industry.
of the new DuPont Liveo Healthcare strategy that will help us offer a highly This market will likely reach $45.07
Solutions manufacturing facility at the reliable and sustainable product supply.” billion by 2028 from $31.29 billion
Cooper River site near Moncks Corner DuPont said it worked with local in 2021, an uptick at a compound
in South Carolina. The new facility will annual growth rate (CAGR) of
expand capacity for biopharmaceutical companies, including more than 40 5.3%.
tubing extrusion to meet increased subcontractors, on the site expansion "The transition to electric vehicles
demand from customers, said DuPont project. (EV) involves swapping conven-
in the press release. “Being selected as the second dedicated tional under-the-hood components,
The facility operates under the same healthcare site is indeed an honor and a such as engine and fuel, for battery
packs and other components," said
quality standards as the DuPont reflection of our team’s track record of Brian Balmer, Polymers & Compos-
Healthcare Industries Materials Site dedication, ownership, and commitment ites Program Manager at Frost &
(HIMS) in Hemlock, MI. Operators to our core values and excellence in Sullivan. "This is expected to upend
at the new South Carolina facility were meeting customers’ needs. Thanks the demand for conventional plas-
certified at DuPont’s long-standing to collaboration between the DuPont tics in under-the-hood applications
HIMS manufacturing site. team and our contractor partners, the and drive the need for other plastics

“The Cooper River site will bring Cooper River site was completed within for new EV applications and compo-
additional production capacity online 17 months — on time, on budget, nents."
over the next two years to serve and without a single recordable safety Balmer added: "As sustainabil-
strategic customers and expand our incident,” said Bill Alexander, DuPont ity and decarbonization are gaining
Liveo Healthcare Solutions customer Cooper River site leader. “The opening of prominence in the global automo-
base,” said DuPont Healthcare & the site already has enabled the creation tive sector, the industry will inflate
Specialty Lubricants Global Business of 25 jobs for startup, with another 25 the demand for greener alternatives
Director Eugenio Toccalino. “We’re expected by mid-2024 as we ramp up to minimize CO2 emissions in the
committed to investing in our healthcare operations.” next 3–5 years.

34 PLASTICS NEWS August 2022