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BtoB

Du Pont, Wuxi Xingda Nylon in joint venture

Published on .

Wilmington, Del.—Du Pont announced Tuesday that it has formed a joint venture with Wuxi Xingda Nylon Co. of Wuxi, China, to produce and distribute filaments used in toothbrush, paintbrush and industrial brush applications. The new enterprise is structured with three regional operating companies, each owned 70% by Du Pont and 30% by Xingda. The operating companies are Du Pont Xingda Filaments Co. in Wuxi; Du Pont Filaments-Europe BV in Landgraaf, the Netherlands; and Du Pont Filaments-Americas in Wilmington.
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