DuPont to expand Chinese output of paste used to make photovoltaic cells
DuPont Co. said Monday it will more than double its Chinese production of pastes used by solar cell makers in manufacturing photovoltaic products.
The expanded output of its Solamet pastes at the company's Electronic Materials DuPont Dongguan Ltd. facility is as part of a strategy to more than triple DuPont's sales to the photovoltaic industry. The pastes are used by DuPont customers to increase the efficiency and production of solar cells.
DuPont expects that its sales into photovoltaics within the next five years will be over $1 billion _ up from about $300 million today, the U.S. chemical company said.
Shares fell 1 cent to $46.31 in morning trading
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