DOMO Chemicals, a known name in engineered technical materials, inaugurated a new plant in Haiyan, Jiaxing, Zhejiang, China. The significant milestone reinforces DOMO’s determination to meet rising demand in the Chinese market for its TECHNYL polyamide-based intelligent solutions.
The €14 million 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, DOMO Chemicals said, “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”.
Denny Meng, Operations Manager, DOMO Chemicals added, “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”.
As per the press release, the new plant will meet the highest environmental standards, with a focus on energy and water efficiency. From solar panels to closed-loop water systems and state-of-the-art environmentally friendly technologies, DOMO is committed to minimizing its environmental footprint while maximizing its positive impact on local economic development.
