- 1984 Reentering China
By the early 1990s, Chad Holliday, then head of DuPont Asia Pacific, was convinced that China had the region’s highest growth potential and plans for Shenzhen were laid. An initial investment of $20 million covered a facility for the production of Tyvek® and Riston® light sensitive film, which went into production in 1992 and was an immediate success. Five years later, a state-of-the-art plant for the production of Tynex® nylon filament opened, giving DuPont a large share of the fast-growing premium toothbrush market. Expansion at Shenzhen has also come about through local joint ventures, including a $30 million Teflon® coatings operation.