DUPONT ENGINEERING POLYMERS PROPOSES CLOSURE OF ROZENBURG COMPOUNDING PLANT

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DUPONT ENGINEERING POLYMERS PROPOSES CLOSURE OF ROZENBURG COMPOUNDING PLANT
05 March 2003 - DuPont Engineering Polymers

The DuPont Engineering Polymers business today announced that it is proposing to close its nylon resin compounding unit situated at Rozenburg, the Netherlands. In total, 80 jobs would be affected by this proposal. It is anticipated that production would cease around the middle of 2004.

In order to maintain a healthy business performance in the current economic environment, DuPont Engineering Polymers must improve its productivity and cost position. Consequently, DuPont has conducted an in-depth study of its European compounding network. The results show that a substantial efficiency improvement can be obtained by concentrating all its European nylon resin compounding capacity in Uentrop, Germany and in Mechelen, Belgium.

DuPont is committed to be a leader in engineering polymers and to drive innovation, thus enabling our customers to grow by providing them with new solutions in product and application development.

Subject to agreement by all parties concerned, DuPont will make every effort to re-deploy personnel where it is possible and will provide out-placement help and support for all employees. Unfortunately, it is anticipated that involuntary separations will be unavoidable. DuPont will respect all contractual notice periods and severance payment conditions.

DuPont will establish a programme to communicate and explain to all its customers if - and how - this might impact on the products they obtain from this site. It is expected that there will be minimal disruption to the supply of existing products. During the proposed close down phase, any re-qualification of products that would be considered necessary will incorporate procedures agreed with our customers.

http://plastics.dupont.com

About: DuPont Engineering Polymers
The DuPont Engineering Polymers business manufactures and sells DuPont Crastin PBT and DuPont Rynite PET thermoplastic polyester resins, DuPont Delrin acetal resins, DuPont Hytrel thermoplastic polyester elastomers, DuPont ETPV engineering thermoplastic vulcanizates, DuPont Minlon mineral reinforced nylon resins, DuPont Thermx PCT polycyclohexylene dimethyl terephthalate, DuPont Tynex filaments, DuPont Vespel parts and shapes, DuPont Zenite LCP liquid crystal polymers and DuPont Zytel nylon resins.

These products serve global markets in the aerospace, appliance, automotive, consumer, electrical, electronic, industrial, sporting goods and many other diversified industries.

Founded in 1802 science company DuPont operates in more than 70 countries. It offers a wide range of products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

DuPont Electronic & Communication Technologies is a leading supplier of electronic materials, fluoropolymers, fluorochemicals and imaging technologies.

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