New plant in Zhejiang
In this, Domo is meeting the rising demand for modified materials for the automotive, electronics and consumer industries. The company plans to install multiple production lines at the new plant, starting with an estimated capacity of 25,000 tons/year of sustainable engineered PA compounds and leading up to a production of 50,000 tons/year. Furthermore, Domo will be investing in new air and water treatment technologies, and in the reduction of water and energy consumption.
Production is expected to commence in the 4th quarter of 2020.