To reduce its dependency on oil resources, US company DuPont plans to commercialize a polymer derived from renewable resources, mainly corn, starting next year, a company official said yesterday in Taipei.
The company's Sorona polymer uses 1,3-propanediol (PDO) as its key building block, and undergoes a proprietary fermentation and purification process based on corn sugar.
Sorona is stain-resistant, soft and stretches, and can be used in apparel, upholstery, textile fibers and other products, according to DuPont.
"This will be a hit product for DuPont in the coming years," Joseph Carroll, global business manager of DuPont Bio-Based Materials, told a press conference in Taipei yesterday.
Market Timing
With skyrocketing oil prices and the rising awareness about environmental protection, the polymer is expected strike the right note, because its production process uses less energy, reduces emissions and employs renewable resources instead of traditional petrochemical processes, Carroll said.
Sonora was developed in the early 1940s, but was too costly to produce at that time.
Mass production
After decades of improvement, Sonora will be mass produced starting in March through DuPont Tate & Lyle BioProducts LLC, a joint venture DuPont formed with UK-based ingredient maker Tate & Lyle Plc last year.
The company's first plant, in Tennessee, has a capacity of 45,000 tons of Bio-PDO per year, Carroll said.
To shift away from being an oil-dependent company, DuPont plans to derive 25 percent of its revenues from renewable resources by 2010, and the commercialization of Sonora would help to reach this target, Carroll said.
Renewable
DuPont derived 14 percent of its 2002 revenues from renewable resources.
Eying the large market potential in Asia, DuPont is looking for a suitable site to build a second, higher-capacity, plant in the region, Carroll said.
The company will finalize the location for the Asian plant next year, he added.
As Sonora's texture is similar to nylon 6 -- often used in carpeting, clothing and industrial applications -- DuPont is targeting to snatch a slice of that market, Carroll said.
Global demand for nylon 6 is about 2.25 billion kilograms per year, and DuPont will consider it a success if it gains a 1 percent or 2 percent market share with Sonora, he added.
Local partner
DuPont has contracted 10 partners in various countries, including Far Eastern Textile Ltd (
Far Eastern Textile signed a contract with DuPont six years ago to develop various products using Sonora, but the market presence is still limited, said Eagle Chen (陳正一), a deputy manager of Far Eastern Textile's filament division.
With the concept of "green chemistry" rising in recent years, Sonora can be very competitive, Chen said.
But the key to prevailing is cost, as DuPont has set a price level similar to nylon, Chen said.
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
Popular vape brands such as Geek Bar might get more expensive in the US — if you can find them at all. Shipments of vapes from China to the US ground to a near halt last month from a year ago, official data showed, hit by US President Donald Trump’s tariffs and a crackdown on unauthorized e-cigarettes in the world’s biggest market for smoking alternatives. That includes Geek Bar, a brand of flavored vapes that is not authorized to sell in the US, but which had been widely available due to porous import controls. One retailer, who asked not to be named, because
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches