02 September 2008 16:29 [Source: ICIS news]
TORONTO (ICIS news)--DuPont plans to more than double capacity for its Tedlar films by late 2009 to meet growing demand from the photovoltaic industry, it said on Tuesday.
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Scope and site selection work were under way with project start-up targeted for late 2009, pending final project approval, the company said without disclosing capacity details, location or investment sums.
DuPont’s Tedlar films are an essential component of photovoltaic backsheets, it said.
"This project underscores our commitment to sustainability and providing products that deliver clean, renewable energy for people around the world.”
DuPont anticipated 50% annual growth in the photovoltaic market in coming years and expected its sales of several product lines into the photovoltaic industry to exceed $1bn (€680m) within the next five years, it said.
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