DuPont Leader Credits Innovation, Differentiation and Productivity for Sustainable Growth
NEW YORK, May 24, 2011 /PRNewswire/ — Innovation, differentiation and productivity will be important for DuPont Performance Polymers’ drivers, said business President Diane Gulyas during a presentation to industry analysts and investors at the Goldman Sachs Basic Materials Conference here today.
“The Performance Polymers business continues to be a solid growth engine for DuPont, driven by innovation, differentiation and productivity,” Gulyas said. “The combination of cost-effective, high-performance materials and a strong global development network attracts customers who are also committed to growth.”
Growth in Performance Polymers is driven by the need to reduce dependence on fossil fuels and the fast growing markets for industrial, electronic and consumer products in developing markets. “Our success is far more than a materials story – the success equation requires science-powered innovation and a network of experienced developers to collaborate with our global customers on solutions to the big issues,” said Gulyas.
DuPont last month opened the DuPont Automotive Center in Shanghai, enhancing the network of global automotive application development centers designed to strengthen the industry’s ability to collaborate on ways to reduce dependence on fossil fuels.
Last week, DuPont announced plans to build a DuPont(TM) ZytelÃ‚® HTN high-performance polyamide polymerization facility at its Sakra, Singapore, site. This complements capacity expansions earlier this year at its Shenzhen, China, site for ZytelÃ‚® HTN as well as for DuPont(TM) ZytelÃ‚® nylon. DuPont Performance Polymers remains the only nylon producer with polymerization facilities in all regions of the world.
“We’ve worked very hard to ensure the integrated capabilities of our company are close to our customers,” said Gulyas. “It’s a strategy that works and will continue to work.”
DuPont (NYSE: DD) (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.
The DuPont Oval Logo, DuPont(TM), The miracles of science(TM) and ZytelÃ‚® are registered trademarks or trademarks of DuPont or its affiliates.