DuPont de Nemours, Inc. (NYSE:DD) announced on Friday that it has completed a major expansion of photoresist manufacturing capacity at its Sasakami site in Agano-shi, Niigata, Japan.
The event celebrated the inauguration of the East Star building, part of DuPont's growth strategy for lithography offerings, inspired by the guiding light of the stars.
This expansion has nearly doubled the site's photoresist production capacity, enhancing DuPont's ability to meet rising global demand and ensuring a stable, reliable supply for customers.
"DuPont's Sasakami site has been integral to the long-term growth of our electronic materials portfolio, well-located for serving customers throughout the Asia-Pacific region," said Sang Ho Kang, Vice President & General Manager, Semiconductor Technologies, DuPont Electronics & Industrial.
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According to Benzinga Pro, DD stock has gained over 18% in the past year. Investors can gain exposure to the stock via ProShares Smart Materials ETF (NYSE:TINT) and Materials Select Sector SPDR (NYSE:XLB).
Last month, DuPont introduced the Water Solutions Sustainability Navigator, the first digital tool designed to help users estimate key sustainability indicators when using various water treatment technologies—whether from DuPont or from other manufacturers.
The tool currently enables users to input four distinct water treatment technologies—reverse osmosis (RO), ultrafiltration (UF), ion exchange resins (IER), and membrane bioreactors (MBR)—either individually or in combination.
"While there are many factors that can influence the design and selection of water treatment technologies, the Water Solutions Sustainability Navigator will help users better understand the interconnection of sustainability-driven choices and the cost of operations," said Jeroen Bloemhard, Vice President and General Manager, DuPont Water Solutions.
Price Action: DD shares are trading higher by 0.70% to $87.75 at last check Friday.
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