Fluor, DuPont Join for Resin Production
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Fluor Corp. is teaming up with DuPont Co. to design and build industrial plants that will produce resins used in making plastic containers for thousands of commercial products, the companies said Thursday.
The plants feature a new technology specifically developed for packaging resin, “and we fully expect it to be the process of choice for global resin production,” said Robert G. Hirsh, managing director of DuPont Polyester Technologies.
While the companies have worked together before, this is the first time they have joined together to share in both the research and the development costs associated with a new technology.
The companies said they will focus first on licensing the new technology to markets in Asia, where demand for packing resin is increasing at the fastest rate.
Wilmington, Del.-based DuPont will provide the operating and technical know-how and licensing rights while Fluor’s main subsidiary, Fluor-Daniel Inc., will lend engineering, construction and other expertise.
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