DuPont, Lucite Announce Agreement Regarding Beaumont Works
September 21, 2005, DuPont and Lucite International, Inc. yesterday announced they have entered into an agreement regarding their manufacturing facilities at the Beaumont, Texas, Industrial Park. As part of the agreement, Lucite now will operate the DuPont acrylonitrile operation at the Beaumont site. They also will take over operation of site services such as power and utilities, for the Beaumont Industrial Park.
Lucite will offer employment to large number of DuPont employees who currently operate the acrylonitrile plant and perform site services work. In addition, Lucite will invest in the acrylonitrile operation to enhance the competitiveness of the facility. This agreement will not change operations at other DuPont or Lucite manufacturing facilities or the DuPont Performance Elastomers -- a wholly owned subsidiary of DuPont -- facility at the Beaumont Industrial Park.
“This agreement is in the long term best interest of both Lucite and DuPont, and will provide the best opportunity for long-term viability of these important operations,” said Ed Reiff, Beaumont Works plant manager.
Lucite International, Inc. produces acrylic monomers, sheet and acrylic laminates. The company was originally developed and owned by DuPont prior to being sold to ICI in 1993. Lucite’s Beaumont operations produce methyl methacrylate (MMA) monomer for use in the production of acrylic laminates.
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