14-Million Euro Investment Domo Chemicals Inaugurates New Polyamide Production Unit

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With an aim to meet the growing demand for polyamides in China, Domo Chemicals has inaugurated a new polyamide production plant in Jiaxing. The company has invested 14 million euros for the project which is expected to double its current capacity of polyamides.

Jiaxing/China – Domo Chemicals, a global leader in engineered technical materials, has inaugurated its newest plant in Haiyan, Jiaxing, Zhejiang, China. This significant milestone reinforces the company’s determination to meet rising demand in the Chinese market for its Technyl polyamide-based intelligent solutions.

The 14-million-euro investment represents a potential doubling of Domo's commitment to the Chinese market, with the new plant capable of increasing the current capacity of 25,000 tons of Technyl polyamides to 35,000 tons and eventually 50,000 tons in the long term. Covering an area of 40,000 square meters, the state-of-the-art facility underscores Domo's unwavering commitment to providing high quality products and services to its customers in key sectors such as automotive, electronics, energy, industrial and consumer goods.

Yves Bonte, CEO of Domo Chemicals, emphasizes the company's dedication to customer-centric innovation: "Our steadfast commitment to staying close to customers, both geographically and through innovative products, is at the heart of DOMO's success. We have strong and growing partnerships in crucial sectors like e-mobility and green energy in Chinese markets. The investment also serves our global mission of engineering polyamide solutions that contribute to the planet and the people, sustainably and for the better."

Since 2016, Domo Chemicals has experienced robust growth in China, marked by a series of capacity expansions at its Jiaxing facility. With a 20 % increase in annual sales, the latest expansion efforts have resulted in the groundbreaking of the new plant in Haiyan.

Denny Meng, Operation Manager, points to the depth of Domo's loyal customer base in China: "We have built strong relationships with local and global customers in China. This initiative is in line with Domo's commitment to innovation and customer focus as we seek to establish an Asia-Pacific application development center to strengthen our presence in new and emerging Asian industries and markets. We are committed to quality and continue to emphasize safety and responsible employment.”

Domo Chemicals also continues to address some of the biggest trends shaping our world, such as urbanization, modern mobility, lifestyle and miniaturization. For example, the next generation of automobiles must be lighter, and polyamide offers key advantages in terms of light weight, thermal management, durability and strength. By using polyamide-based components instead of metal alternatives, weight can be reduced and efficiency increased, ensuring that electric vehicles consume less energy and therefore run longer. A wide range of applications, including electrical, electronics, consumer and industrial goods, perform at their best through the use of polyamide.

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