dupont

February 6, 2004 PR Newswire

DuPont Increases Equity Position and Outlines Investment Plans For Automotive Coatings in China

DuPont Performance Coatings has acquired additional equity in its DuPont Red Lion joint ventures in Beijing and Changchun, China, to reinforce its position as the leading coatings supplier to the growing Chinese automotive industry.

With government approvals obtained at year-end 2003, DuPont now has increased its equity position in the DuPont Red Lion - Beijing joint venture to 76 percent from 60 percent and has renamed it "DuPont Red Lion (Beijing) Company, Limited" (DRBC). The joint venture in Beijing was initially formed in 1992. DuPont also acquired 100 percent ownership of its other DuPont Red Lion joint venture in Changchun, China, by purchasing the remaining 40 percent interest held by Red Lion. The company will be known as "DuPont Performance Coatings - Changchun" (DPCC). The DuPont and Red Lion joint venture in Changchun was initially formed in 1995.

DuPont today announced that it will take aggressive actions to ensure its global competitiveness as a more focused, science- based company following the separation of INVISTA^TM. Included are productivity and organizational actions that will achieve a USD 900 million cost improvement in 2005. In addition, the company will undertake actions that strengthen its ability to achieve 6 percent annual revenue growth - a key objective in its ongoing transformation to become a sustainable growth company.

DuPont will take the following actions:

Chad Addresses Morgan Stanley Investor Conference

DuPont Chairman and CEO Chad Holliday yesterday addressed industry analysts and investors attending the Morgan Stanley Basic Materials Conference in New York City.

Presentation

DuPont Surfaces recently inaugurated a new Corian® manufacturing plant in Ulsan, Korea.

* The Ulsan plant replaces the earlier facilities at Anyang, which was established in 1999.

DuPont and subsidiaries of Koch Industries, Inc. today finalized the sale of INVISTA, formerly DuPont Textiles & Interiors, for $4.2 billion, including the assumption of debt and certain joint venture and equity interests covered under a non-binding letter of intent. Ownership will transfer at 5 p.m. EDT.

米国デュポン社、中国での特殊製品群の生産能力を拡大

　米国デュポン社（本社：デラウェア州ウィルミントン、会長兼最高経営責任者：チャールズ・O・ホリデー・ジュニア）は、5月19日（中国・上海時間）、中国での専用製造ラインによる特殊製品群の生産能力の拡大に関して、中国の上海にある樹脂加工メーカーと合意したことを発表しました。今回の生産能力拡大は、市場での合成樹脂特殊製品群に対する需要増加に応えるもので、2004年第4四半期から実施する予定です。

　対象となる製品群は、ザイテル®ナイロン樹脂の特殊製品（HTN芳香族ナイロン樹脂を含む）、Thermx® （サーミックス）PCT樹脂、ライナイト® PET樹脂、クラスティン®PBT樹脂、ハイトレル®熱可塑性ポリエステル・エラストマー、およびゼナイト®液晶ポリマーです。

DuPont and Tate & Lyle PLC today announced a joint venture to create products from renewable resources such as corn for numerous applications including clothing, interiors, engineered polymers and textile fibers.

The new company - DuPont Tate & Lyle BioProducts, LLC - is equally owned by DuPont and Tate & Lyle and will be based in Wilmington, Del. The company plans to construct its initial commercial manufacturing plant adjacent to an existing facility in Loudon, Tenn., with startup scheduled for 2006. A pilot facility in Decatur, Ill. has been operating for several years.

The joint venture will use a proprietary fermentation and purification process developed jointly by DuPont and Tate & Lyle to produce 1,3 propanediol (PDO), the key building block for DuPont^TMSorona® polymer.

DuPont today announced it has acquired the animal health business assets of BioSentry, Inc., a leading biosecurity company providing animal health prevention programs in 50 countries. Financial terms were not disclosed.

"This year's Avian Influenza outbreaks further demonstrate the importance of preventive biosecurity to protect operations and the food chain from the effects of virus and disease. This acquisition will enable us to further meet existing and emerging needs, contributing to the continued growth of our overall Clean and Disinfect business."

In 2003, DuPont acquired United Kingdom-based Antec International. Antec products are used throughout the world to protect global food supplies from disease-causing agents such as the Avian Flu and Foot and Mouth Disease and the public from pathogens such as the Norwalk-like virus that has impacted the cruise ship industry. Antec products are used not only to attack disease outbreaks but also as a preventative agent, eliminating the germs before they can cause infection.

2004/7/2
DuPont and Maxygen, Inc. yesterday completed the sale of Verdia, Inc., formerly a wholly owned subsidiary of Maxygen.

DuPont (NYSE: DD) today announced that it has signed definitive agreements to acquire Verdia, Inc., a wholly owned subsidiary of Maxygen, Inc. (Nasdaq: MAXY) headquartered in Redwood City, Calif.

By purchasing Verdia, DuPont will have worldwide, royalty-free, exclusive rights to use Maxygen's MolecularBreeding^TMdirected evolution platform technologies (gene shuffling) for agricultural applications across its Agriculture & Nutrition platform. All Verdia employees will receive offer letters for employment with DuPont, and DuPont plans to retain Verdia's name, its bay-area offices and the Verdia leadership team.

Maxygen plans to use the proceeds from this transaction to fund the advancement of its human therapeutic development programs. The company has an improved interferon alpha in development with Roche for the treatment of hepatitis B and C infections - an improved interferon beta for multiple sclerosis and a novel G-CSF for neutropenia both of which Maxygen plans to advance into clinical development over the next 18 months.

DuPont today opened a new $130 million facility here to produce innovative nonwoven fabrics born from a revolutionary composite technology that provides users with advanced levels of both comfort and protection.

DuPont's proprietary Advanced Composite Technology (ACT) blends the ideal properties of two different raw materials to create nonwoven fabrics that meet specific needs. More than 20 new patents were developed for this technology.

The ACT's initial product is DuPont^TM Suprel^TM, a highly protective and comfortable fabric used for hospital operating gowns and patient drapes. Suprel^TM is the only medical fabric available that is made of polyester - for strength - and polyethylene - for silk-like softness. Traditional single-use medical fabrics can be uncomfortable, especially when they are worn for an extended time, and can lack the necessary fluid barrier for protecting today's healthcare professionals. Suprel^TM has less surface friction than other medical fabric products, allowing for greater comfort and freedom of movement. It also transfers heat away from the body quickly, adding to comfort in the operating environment. Suprel^TM is made from continuous filament fibers and is very low linting.

DuPont Electronic Technologies and Cheil Industries, Inc., part of the Samsung Group, have signed a 50/50 joint venture agreement, pending local and government approvals, to establish SD Flex Company, LLC. SD Flex Company will manufacture DuPont^TM Pyralux® adhesiveless, flexible copper clad laminate (FCCL), the material instrumental in enabling advanced functionality and performance in displays, cell phones, personal digital assistants (PDAs) and other electronic devices.

DuPont today announced it has signed a research agreement with the National Chemical Laboratory (NCL) in Pune, India. Under terms of the agreement, DuPont will have access to the talents and capabilities of one of India's premier research and development laboratories to grow new market-facing technologies. The first research projects NCL will develop will be for the DuPont Titanium Technologies business.

Dupont decided world scale TiO2 project in Shandong

Dupont has decided to build a world scale Titanium Dioxide (TiO2) project in Dongying (東栄), Shandong Province. According to the industrial sources, the total investment for the proposed TiO2 project would be USD 1 billion. In the first phase of construction, the investment is expected as USD 700-800 million and it would have the capacity of 200 kt/a.

The world-class TiO2 project would be located in the Economic Development Zone of Dongying City. Dongying is being famous as the city is the location of Shenli (勝利) Oilfield which is the second large oilfield in China, just less than Daqing (大慶） Oilfield.

This TiO2 project maybe start construction by the end of this year or at the beginning of 2006; and it is expected to start up in 2009.

DuPont thinks that Current and forecast demand for Titanium Dioxide in Asian markets, especially China, is growing faster than any other region of the world. The company also believe that location of a new plant at Dongying would significantly improve its ability to serve its own customers in these fast-growing markets while contributing to the continued development of the local economy.

DuPont is the world's largest manufacturer of TiO2, it operates three TiO2 plants in the US, one in Mexico and one in Taiwan.

RubberWorld 2005/9/21

DuPont, Lucite announce agreement

DuPont and Lucite International, Inc. announced Tuesday 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.

2005/12/12 デュポン・ジャパン

米国デュポン社、新たにエンジニアリングポリマーの生産拠点をシンガポールに建設

米国デュポン社（本社：デラウエア州ウィルミントン、会長兼最高経営責任者：チャールズ・O・ホリデー・ジュニア）は、１２日（米国時間）、高成長する二つのエンジニアリングポリマー、デュポンTM ザイテル(R) HTN高機能ポリアミド樹脂とデュポンTM ベスペル(R) パーツ＆シェイプスについて、新たにシンガポールに設備投資を行うことを発表しました。

新工場の稼動開始時期は、需要の動向にもよりますが、ベスペル(R)は2007年、ザイテル(R) HTNは2009年を予定しています。ベスペル(R)については、デュポンは既にオハイオ州、デラウエア州、ベルギー、そして日本で生産を行っています。ザイテル(R)ＨＴＮに関してはテネシー州とバージニア州リッチモンドで生産をしています。このリッチモンド工場は2005年第２四半期に稼動を開始し、現在優れた高品質の製品を供給しています。

DuPont expects to begin production in 2007 of new high-performance thermoplastic resins and elastomer products made from two of its latest bio-based materials innovations. The products will be targeted for automotive, electrical/electronic and other industrial markets.

Intermediates for DuPont Sorona(R) polymer and DuPont Hytrel(R) made with renewable resources will be made from corn sugar instead of petroleum, using a patented and proprietary process. The key ingredient in Sorona is Bio-PDOTM, which replaces petrochemical-based 1,3-propanediol (PDO). The new DuPont Hytrel offering is produced using a new DuPont polyol made with Bio-PDO. Sorona polymer for industrial applications will be commercially available in mid-2007; and the renewably sourced Hytrel grades will be available in late 2007.
コーンシュガー：　トウモロコシから作られる砂糖

Loudon, Tenn., will be home for the world’s largest aerobic fermentation plant for the production of Bio-PDO. The plant is owned and operated by DuPont Tate & Lyle BioProducts LLC, an equally owned joint venture of DuPont and Tate & Lyle. It is scheduled to come on stream later this year and will have the capacity to produce 100 million pounds of Bio-PDO (over 45,000 metric tons) per year.

ハイトレル®は、米国デュポン社が開発した、熱可塑性ポリエステルエラストマーです。
　日本では、東レ・デュポン社(株)が製造、販売を行っています。
ハイトレル®は、ゴム弾性をもちつつ、エンジニアリングプラスチックの特長である高機能性、良成形加工性も備えています。
ハイトレル®は、熱可塑性エラストマーの中でも、最も高性能で、信頼性に優れた材料です。

ハイトレルの化学構造は、ハードセグメント（ＰＢＴ）とソフトセグメント（ポリエーテル）とのブロック共重合体です。

2003年. アメリカのグリーンケミストリー賞　Alternative Solvents and Reaction Conditions Award 　
　DuPont、 Microbial Production of 1,3-Propanediol

繊維用ポリマーDuPont Sorona の原料、1,3-プロパンジオールの製造を再生可能原料から変性バイオ触媒で行い、環境負荷の低減、コスト削減、効率改善を実現した。コーンスターチからのグルコースをグリセロールに変えるイーストの遺伝子と、グリセロールを 1,3-プロパンジオールに変えるバクテリアの遺伝子をホスト微生物に組み込み、グルコースからプロパンジオールへの 1 段での転換を最大にし、バイオマス・副生物を最少にすることに成功した。（この遺伝子組換えは DuPont と Genecor International の共同開発）
1,3-プロパンジオールのポリエステルである Sorona は、分子鎖にキンク（捩れ）を有し、弾性、柔軟性、防汚性、染色堅牢性などに優れて、衣類の他　自動車内装、家具用に適する他、樹脂としてはバリア性に優れているという特性をもっているが、石油化学からの製造ではモノマーコストを安く出来なかった。バイオ法がそのコストの問題を解決した。

Sorona® 　3ＧＴポリマー（ポリトリメチレンテレフタレート)

小林昭生デュポン（株）社長がDAP 社新会長に内定
デュポン(株)新社長には天羽　稔副社長が昇格

　デュポン株式会社（本社：東京都千代田区、社長：小林昭生）は、本日、２００６年９月１日付けで小林昭生社長がデュポン・アジア・パシフィックリミテッド（DAP 社）代表取締役会長　兼デュポン㈱取締役相談役に就任し、その後任として、デュポン(株)取締役副社長兼エンジニアリングポリマー事業部アジア太平洋地域リージョナルディレクターの天羽　稔がデュポン(株)の代表取締役社長に昇格する役員人事を発表しました。
　小林社長は、2003 年1 月にデュポン(株)社長に就任し、低迷する日本経済の中にあって、これまで強力なリーダーシップを発揮して、過去3 年余、デュポン（株）に年率二桁の成長をもたらしました。その原動力となったのは同社長が打出した、日本を再生させる｢デュポン・ジャパン・ルネッサンスプラン｣です。同プランは、①顧客の声に迅速に対応し、品質改善・供給の安定確保に努めて顧客満足度を向上させる事業戦略、②若手や女性の積極的な登用・活用を図る人材戦略、③社内活性化や業務改革を主とするインフラ整備戦略――を三つの柱としています。昨年度の日本におけるデュポン・グループの売上高は3,300 億円に拡大しています。
　天羽新社長は、設立以来45 年の歴史を持つデュポン(株)において内部から昇格した初の社長となります。合成樹脂事業ではアジア太平洋地域の事業成長に貢献し、また、名古屋にデュポン・オートモーティブセンターを設立して多くの事業部がかかわる自動車関連事業をOne DuPont (ワン・デュポン)戦略に基づき主導してきました。今後は、アジア太平洋地域で合成樹脂事業を成長させた実績と事業運営の経験を生かして、合弁会社を含めた日本におけるデュポングループの更なる発展のため、業容の拡大と強固な経営基盤を構築することが期待されています。また、サイエンス・カンパニーであるデュポンの科学と技術革新を最大限に駆使し、事業部間を越えて持続可能なビジネスソリューションを提供するというデュポンのOne DuPont（ワン・デュポン）戦略の更なる具現化も推進します。
　米国デュポン社は、サイエンスカンパニーとして持続可能な成長を目指しています。デュポン(株)会長であるドン・ジョンソンを含めた新体制には、デュポンのグルーバル戦略と連携した事業展開を推進してリーダーシップを発揮し、更なる成長をとげることが期待されています。

2006/10/11 DuPont

DuPont Partners with Zhangjiagang Glory Chemical Industry Co. to Produce First Bio-Based DuPont Sorona® Polymer in Asia

DuPont today announced a partnership with Zhangjiagang (張家港) Glory Chemical Industry Co., Ltd. (Glory) to produce and distribute bio-based DuPont Sorona® (3GT 繊維) polymer, the company's latest polymer innovation, throughout Asia. The partnership marks the first commercial manufacturing of Sorona® in Asia. Terms of the agreement were not disclosed.

Located in the Jiangsu Province in China, Glory was formed earlier this year exclusively to produce Sorona® polymer. The company broke ground in May on its new continuous polymerization (CP) facility, which will manufacture Sorona® using the technology know-how licensed from DuPont. The Glory facility is slated to start up in the fourth quarter with plans to offer the first commercial product in the second quarter of 2007. Glory will receive Bio-PDO from the DuPont Tate & Lyle BioProducts facility in Loudon, Tenn., and will manufacture renewably sourced Sorona® polymer. Once operational, the Glory facility will be capable of producing 66 million pounds or 30 kilotonnes of Sorona® per year.

DuPont 　December 12, 2006

DuPont Agriculture & Nutrition Increases Investment in Plant Biotechnology; Streamlines Nutrition and Crop Protection Businesses

Yesterday, DuPont Agriculture & Nutrition launched a plan to increase investment in plant genetics, biotechnology and other high-value growth opportunities, while further improving competitiveness in low-growth areas of its nutrition and crop protection businesses by reducing operating costs about USD 100 million a year.

Under the plan, DuPont will reinvest all of the USD 100 million savings into its seed business. These actions will help expand the company’s competitive advantage in the seed market and increase the speed to market of seed products with next-generation biotech traits.

“We are aggressively adjusting our capital and resource allocation to the highest value growth opportunities for our customers and shareholders,” said Erik Fyrwald , group vice president, DuPont Agriculture & Nutrition.

DuPont will consolidate manufacturing assets, leverage technology centers and refocus product marketing strategies in its nutrition and crop protection businesses.

DuPont to Sell Pharmaceuticals Unit to Bristol-Myers Squibb Company for $7.8 Billion; Board Authorizes New Share Buyback Program

DuPont today announced that it has reached a definitive agreement to sell the DuPont Pharmaceuticals Company to Bristol-Myers Squibb Company for $7.8 billion in cash. DuPont said that it will retain its interest in Cozaar®/Hyzaar®, an antihypertensive drug developed by DuPont and Merck, and marketed by Merck. Closing of the sale is expected in the fourth quarter, subject to government approvals.

DuPont plans to use a portion of the proceeds to complete the current $2.5 billion share buyback program that was announced in July of last year. The remaining proceeds are expected to be used to reduce net debt and invest in growth opportunities aligned with the company's strategic direction.

Yesterday DuPont and Honeywell announced a global joint development agreement to accelerate the development and commercialization of next generation, low global warming refrigerants for the automotive air conditioning industry.

The new refrigerants would enable automakers to meet new regulations in Europe that require the use of low global warming potential (GWP) refrigerants in mobile air conditioning (AC) applications. Today's automotive air conditioners use hydrofluorocarbon (HFC)-134a. The new regulation is scheduled to take effect in 2011 for new model automobiles, with the transition complete by 2017.

DuPont Tate & Lyle Joint Venture Officially Opens $100 Million Bio-PDO^TM Facility - the World's First to Produce Propanediol From Corn Sugar
U.S. Secretary of Energy Bodman Recognizes Advancements in Bio-Based Technology

DuPont Tate & Lyle Bio Products, LLC, an equally owned joint venture of DuPont and Tate & Lyle, today marked the growing demand for products made from its revolutionary Bio-PDO product. U.S. Secretary of Energy Samuel W. Bodman joined senior leaders from DuPont, Tate & Lyle, the joint venture and their customers to see the new production facility first-hand and recognize its official opening.

The Loudon facility produces 1,3-propanediol (Bio-PDO) from renewable resources - in this case corn sugar - making it the first facility in the world to manufacture this new bio-based product. Bio-PDO is a versatile, biodegradable and high-performance ingredient that can be used in cosmetics, liquid detergents and industrial applications such as anti-freeze and many other applications that currently use glycols. It also can be used as a monomer to produce unsaturated polyester resins as well as other specialty polymers such as DuPont Sorona® （3GT 繊維）and the latest renewably sourced polymer, DuPont Cerenol. In addition, renewably sourced Hytrel® thermoplastic elastomers and a new line of renewable DuPont automotive finishes are two new product lines scheduled to be launched later this year. The first commercial product was sold in November 2006, and demand for new uses of Bio-PDO continues to grow with nearly a dozen product applications to date.

The joint venture uses a proprietary fermentation process developed jointly by DuPont and Tate & Lyle to produce Bio-PDO using corn sugar instead of petroleum-based feedstocks. The production of Bio-PDO consumes 40 percent less energy and reduces greenhouse gas emissions by 20 percent compared to petroleum-based propanediol. Annual production of 100 million pounds of Bio-PDO will save the energy equivalent of over 15 million gallons of gasoline per year, or enough to fuel more than 27,000 cars - over half the cars in Loudon County, Tenn.

Bio-PDO is available in two grades: Zemea and Susterra propanediol. Zemea has been developed for the personal care and liquid detergent categories where high purity level and low irritation are key product requirements. Susterra propanediol is ideal for industrial applications such as de-icing fluids, anti-freeze and heat transfer fluids, where its low toxicity and biodegradability are beneficial. To learn more about Susterra or Zemea corn-derived propanediol, visit www.duponttateandlyle.com.
Today's event was webcast and can be viewed at: http://mediasite.advancedav.com/dupont/register.html.

DuPont News, August 2, 2007

DuPont has settled a patent infringement lawsuit it filed earlier this year against Trustchem Co., Ltd., also known as Jiangsu Trustchem Chemicals Co., Ltd., in China. Under the terms of the settlement, Trustchem will pay monetary compensation and make a public apology to DuPont for losses resulting from Trustchem actions. Financial terms of the agreement were not disclosed.

DuPont initiated the lawsuit in the Nanjing, Jiangsu Province in March in response to illegal Trustchem sales of agricultural products containing rimsulfuron, which are protected by a DuPont patent in China. Rimsulfuron is an active ingredient in crop protection herbicides that are marketed around the world under the Titus®, Matrix® and Resolve® trademarks.

This lawsuit represents part of an ongoing DuPont Crop Protection program to protect its intellectual property rights worldwide. Based on these investigations, DuPont has filed similar patent infringement actions against several other companies, issued numerous "cease and desist使うことをやめる " letters and is actively investigating several other businesses in China that are suspected of violating DuPont patents.

"DuPont aggressively protects its intellectual property and will enforce its rights to prevent counterfeiting of its product, infringement of its patents and trademarks, theft of its trade secrets and other illegal activities," said Glen Baldwin, lead counsel for DuPont Crop Protection. Through vigorous enforcement of its intellectual property rights, DuPont intends to preserve the value of its proprietary products and protect the best interests of its customers, particularly growers who have come to rely on the quality of DuPont products.

New Monomer Material to Reduce Shrinkage of Dental Composites -- Putting Science to Work

DuPont has signed an agreement with GC Corporation of Tokyo, Japan, a major global manufacturer of dental materials and equipment, to provide next-generation dental monomer technology that reduces the shrinkage of dental composites.

DuPont has enhanced its global manufacturing network in support of strong Asia demand for its engineering resins through a 20,000-tons-per-year expansion at its Ulsan, Korea, compounding facility for nylon resins.

The capacity expansion is in response to rapid growth in demand for DuPont Zytel® nylon resins in the region, particularly for automotive applications, and complements other recent engineering polymers investments in Singapore for DuPont Zytel® HTN high-performance polyamide and DuPont Vespel® parts and shapes. DuPont’s Engineering Polymers business also has a significant presence in the company’s Shanghai research and development center and in the DuPont Nagoya, Japan, Automotive Center.

DuPont News, September 20, 2007

DuPont plans to invest over USD 500 million in a multi-phase production expansion for its high-performance Kevlar® para-aramid brand fiber, starting with a Kevlar® polymer expansion in Richmond, Va., later this year. For DuPont, a world leader in para-aramid sales, this expansion would increase Kevlar® capacity by more than 25 percent when complete in 2010 and represents the largest Kevlar® expansion since the product was introduced in 1965. Details about additional expansion phases will be announced at a later date.

China Petroleum & Chemical Corp., or Sinopec, has formed a chemicals joint venture with a unit of U.S. company DuPont Co., it said Friday.

Production of ethylene vinyl acetate resins - used in products such as packaging, adhesives, footwear and clothing - is due to begin late next year at a new plant to be built by the venture, Sinopec said.

"The new facility will help meet fast-growing demand for EVA products in China," Sinopec said in a statement on its Web site.

Sinopec will own 55 percent of the joint venture, which will have an annual capacity of around 60,000 tons. The remaining 45 percent will be owned by DuPont Packaging & Industrial Polymers.

2007/10/11

DuPont ordered to provide medical monitoring in Harrison County

DuPont Co. has been ordered to provide medical monitoring for Harrison County, West Virginia residents who were exposed to dangerous chemicals at a waste site.

A Harrison County jury ruled Wednesday that DuPont must finance monitoring for about 7,000 residents who were exposed to arsenic, cadmium and lead contamination. The verdict is the result of the second phase of a class-action lawsuit filed by 10 residents of Spelter.

The residents accused DuPont of deliberately dumping dangerous heavy metals on an industrial site in Spelter, causing the contamination.

DuPont must finance the medical monitoring for the next 40 years, attorney Mike Papantonio said. Papantonio is representing the class.

DuPont Announces Nanotechnology Alliance that Combines the Best of Polymers with the Best of Metals

DuPont today announced an alliance with Canada-based Morph Technologies Inc., Integran Technologies Inc. , and U.S.-based PowerMetal Technologies to develop and commercialize a nanocrystalline metal/polymer hybrid technology that will be used to manufacture extremely lightweight components with the strength and stiffness of metal and the design flexibility and lightweight benefits of high-performance thermoplastics.

“DuPont has consistently led the industry in providing metal replacement solutions. Now we are turning traditional plastic/metal hybrid technology inside-out with an innovative ‘metal over plastic’ technology that delivers not only a step-change in performance, but also provides product designers with a technology that can help shift the current paradigm,” Keith J. Smith , vice president and general manager - DuPont Engineering Polymers, said.

Morph Technologies, Inc. is a privately owned company charged to commercialize Integran's proprietary nanomaterial technology for automotive applications. Integran Technologies, Inc. is a global leader in the development of nanomaterials, with business operations in Pittsburgh, Pa., and Toronto, Ont., Canada. PowerMetal Technologies, Inc, based in Carlsbad, Calif., is a leading supplier of nanotechnology enabled components to the sporting goods and consumer products industries. PowerMetal is already commercially supplying nanometal/thermoset polymer hybrid products that apply the same concept as the alliance is introducing for thermoplastic polymers.

DuPont News, December 4, 2007

DuPont and Beijing Weiming Kaituo Agriculture Biotechnology Co., Ltd. (BWK) are forming a joint venture to accelerate the discovery of genes for high-value agronomic traits such as stress tolerance and efficient nutrient utilization to improve the performance of important crops for farmers in China and throughout the world. For DuPont, this marks another step toward the globalization of its R&D capabilities to accelerate new product launches and drive business growth for its worldwide seed business, Pioneer Hi-Bred.

Peking University and its affiliate, Peking University Weiming Biotech Group Co., Ltd., are significant participants in the joint venture through an ownership stake in BWK.

DuPont Selects South Carolina Site for Planned $500 Million Investment To Expand Production of High-Performance Kevlar® Fiber

DuPont has selected its Cooper River plant to receive the planned $500 million investment it recently announced to significantly expand production of high-performance DuPont Kevlar® para-aramid brand fiber for industrial and military uses.

The investment at the Cooper River site, which is located about 30 miles north of Charleston in Berkeley County, will include construction of a new Kevlar® fiber facility. It is expected to require 100 permanent DuPont jobs, as well as more than 400 contractor jobs during peak construction, which is scheduled to begin in January 2008. The plant's startup is scheduled for 2010.

DuPont Opens Fluoropolymer Production Plant in China　　江蘇省常熟市
　　New PTFE Facility Will Support Growth in Global Markets

A new DuPont fluoropolymer production plant has begun operations here. The plant, which produces polytetrafluoroethylene (PTFE) fine-powder and dispersion for global customers, with focus on Asia Pacific, marks a significant milestone in the company’s strategic plan to establish a broader fluoroproducts manufacturing base in China.

The Changshu plant is the fourth DuPont facility that has installed commercial production units using DuPont™ Echelon™ technology which produces low-PFOA content aqueous fluoropolymer dispersions. Other DuPont facilities using the Echelon™ technology are located in Parkersburg, West Virginia; Dordrecht, The Netherlands, and; Shimizu, Japan.

DuPont Acquires Chemtura Fluorine Chemicals Business
　　Expands Specialty Businesses, Advances Development Strategy for More Sustainable Products

DuPont today announced that it has completed its purchase of Chemtura Corporation’s fluorine chemicals business. The move is part of DuPont’s strategy to expand its fluorochemicals business offerings; enhance its presence in specialty businesses

The acquisition includes all of Chemtura’s fluorine business, along with the fluorine chemicals production unit that is part of Chemtura’s manufacturing site in El Dorado, Ark., which will be fully integrated into DuPont’s operations. All fluorine chemicals intellectual property rights will be transferred to DuPont. Approximately 25 Chemtura employees will become part of DuPont Fluoroproducts.

2008/5/6 DuPont

DuPont Invests $150 Million in Key Growth Markets for Ethylene Copolymers
Addresses Strong Demand in Photovoltaics, Packaging and Emerging Geographic Markets

DuPont today announced that it is investing approximately $150 million to expand and upgrade manufacturing facilities in Europe, the United States and Asia to meet strong demand for its specialty ethylene copolymers in photovoltaics, packaging and automotive markets, as well as for new infrastructure in emerging economies.

“This investment will result in over 200 million pounds of additional capacity, enhanced capability of our current facilities, and reduced energy consumption of our operations,” said William F. Weber, global director, DuPont Ethylene Copolymers. “Importantly, it will accelerate DuPont’s ability to respond to rapidly growing demand as we serve our customers worldwide.”

Newly announced investments include:
Added capacity at Dordrecht, the Netherlands, to expand the global operations network for DuPont Fusabond(R) modifiers and DuPont Bynel(R) adhesive resins and to serve the European market. The new capacity is expected to be online in 2009.
Enhanced capabilities for DuPont Surlyn(R) ionomer resin and Vamac(R) ethylene acrylic elastomers from DuPont Performance Elastomers and upgrades to improve energy efficiency at DuPont’s Sabine operation in Orange, Tex. These will be operational in 2008 and 2009.
Production efficiency investments at the Victoria, Tex., facility for DuPont Elvax(R) ethlyene vinyl acetate copolymer (EVA) products. These will be operational in 2008 and 2009.

As previously announced, DuPont will construct an EVA facility near Beijing, China, with its joint venture partner, Sinopec. The facility, the first EVA manufacturing operation for DuPont in China, will supply a broad range of EVA products, thus strengthening DuPont’s position in the world’s fastest growing EVA market. The facility will begin operations in 2009.

DuPont 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 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

DuPont and Genencor, a division of Danisco A/S, are forming DuPont Danisco Cellulosic Ethanol LLC, a 50/50 global joint venture to develop and commercialize the leading, low-cost technology solution for the production of cellulosic ethanol -- a next generation biofuel produced from non-food sources - to address a USD 75 billion global market opportunity.

The partners plan an initial three-year investment of USD 140 million, which will initially target corn stover トウモロコシ茎葉 and sugar cane bagasseサトウキビの絞りかす. Future targets include multiple ligno-cellulosic feedstocks including wheat straw, a variety of energy crops and other biomass sources.

DuPont July 11, 2008

DuPont to Add Capacity for Engineering Resins in China

DuPont is expanding compounding capacity for its range of DuPont Zytel(R) nylon 6,6 resins and DuPont Zytel(R) HTN high performance polyamide resins at its manufacturing site in Shenzhen, China. Start up of production is planned for the second quarter 2009. When combined with a recently announced expansion for Zytel(R) resins in Ulsan, South Korea, the result will be an additional 65,000 metric tons of capacity to serve growing markets in Asia.

In addition to manufacturing capability, DuPont also has invested in providing innovative technical solutions to engineering resin customers. The DuPont R&D Center in Shanghai is equipped with the full spectrum of Computer Aided Design and Computer Aided Engineering capabilities. These enhanced molding and testing capabilities will support development work for customers within a shorter time period. In addition, the DuPont Automotive Center in Nagoya, Japan, is collaborating with customers to provide new solutions for auto system applications.

DuPont’s Board of Directors Appoints Ellen J. Kullman President and Board Member; Will Become Chief Executive Officer Effective Jan. 1, 2009
　　Charles O. Holliday, Jr. to Continue as Chairman During Transition

DuPont today announced that its board of directors has elected Ellen J. Kullman, 52, president and a director of the company effective Oct. 1 and chief executive officer effective Jan. 1, 2009. Charles O. Holliday, Jr., 60, chairman and CEO, will serve as chairman of DuPont and as a member of the board until Kullman’s expected succession as chairman.

Dupont And Lucite International Agree To Pay $2 Million For Clean Air Violations

DuPont and Lucite International Inc. have agreed to pay a $2 million civil penalty to settle Clean Air Act violations at a sulfuric acid plant in Belle, W. Va., the U.S. Environmental Protection Agency, the U.S. Justice Department, and the state of West Virginia announced today.

The sulfuric acid plant is located on a 100-acre chemical manufacturing complex along the Kanawha River. The plant is owned by Lucite and operated by DuPont. The companies will pay $1 million to the United States and $1 million to the state of West Virginia. Further, the companies chose on their own to shut down the sulfuric-acid manufacturing unit of a larger chemical facility at the site and the settlement confirms this agreement. Under the settlement, the sulfuric acid unit is scheduled to shut down by April 1, 2010.

“The actions taken as part of this settlement will reduce emissions of air pollutants by more than 1,000 tons each year,” said Catherine McCabe, acting assistant administrator for the EPA’s Office of Enforcement and Compliance Assurance. “Sulfur dioxide emissions can be harmful to children, the elderly, and people with heart and lung conditions.”

“This settlement is part of the U.S. government’s dedicated effort to bring all sulfuric acid manufacturers into compliance with the Clean Air Act,” said John C. Cruden, Acting Assistant Attorney General in charge of the Justice Department’s Environmental and Natural Resources Division.

In a joint complaint, filed concurrently with the consent decree, the United States and West Virginia allege that the companies made modifications to their plant in 1996 without first obtaining pre-construction permits and installing required pollution control equipment. The Clean Air Act requires major sources of air pollution to obtain such permits before making changes that would result in a significant emissions increase of any pollutant.

The Belle sulfuric acid plant burns sulfuric acid sludge, which creates sulfur dioxide (SO2). Most of the SO2 is converted to sulfuric acid and recovered, but a portion of the chemical is emitted to the atmosphere. In addition to SO2, the plant also emits sulfuric acid mist, nitrogen dioxide and carbon monoxide.

SO2 can have serious health effects on children, the elderly, and people with heart and lung conditions. It also contributes to the formation of acid rain, which can affect ponds, lakes and streams. Acid rain has resulted in the acidification of waters in ponds, lakes, and streams, leading to the disappearance of animal and plant life. Acid rain is also believed to leach nutrients from sensitive soils and damage forests.

Sulfuric acid is widely used for ore processing, fertilizer manufacturing, oil refining, wastewater processing and chemical synthesis.

The settlement is part of an EPA initiative to improve compliance among industries that have the potential to cause significant amounts of air pollution, including the cement manufacturing, glass manufacturing, and acid production industries.

The consent decree, lodged today in the U.S. District Court for the Southern District of West Virginia is subject to a 30-day public comment period and approval by the federal court.
More information on the settlement: http://www.epa.gov/compliance/resources/cases/civil/caa/dupontlucite.html

May 22, 2024

DuPont Announces Plan to Separate into Three Independent, Publicly Traded Companies Electronics and Water and New DuPont

Tax-free separations create independent, focused Electronics and Water companies that are global leaders in their respective industries
New DuPont will remain a premier diversified industrial company with industry-leading brands and solutions
Reaffirms second quarter and full year 2024 net sales, operating EBITDA and adjusted EPS financial guidance
Company to host a call with investors at 8:00 a.m. ET on Thursday, May 23, 2024

DuPont today announced a plan to separate into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders with New DuPont continuing as a premier diversified industrial company following completion of the separations. As independent entities, both Electronics and Water will benefit from increased focus and agility in their respective industries. At separation, each of the three companies will have strong balance sheets, attractive financial profiles and compelling growth opportunities.

As leading standalone companies, each business is expected to benefit from:

An ability to tailor capital allocation strategies to pursue differential strategic growth objectives
Enhanced strategic flexibility to pursue portfolio enhancing M&A
Compelling investment profiles appealing to different investor bases
Distinct boards of directors and management teams comprised of world-class leaders with track records of driving value creation in each specific industry

“This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies,” said Ed Breen, DuPont Executive Chairman and Chief Executive Officer. “The three-way separation will unlock incremental value for shareholders and customers and also create new opportunities for employees. Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.”
　

Overview of Three Leading Standalone Companies
　

New DuPont: A Diversified Industrial Company with a Portfolio of Iconic Brands and Solutions

New DuPont will be a premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands such as Tyvek^®, Kevlar^® and Nomex^®. New DuPont will have a strong presence in fast-growing healthcare end-markets including applications for biopharma consumables, medical devices, and medical packaging. The company will also be a leading provider of key technologies enabling advanced mobility particularly within electric vehicles. Finally, New DuPont will remain a provider of advanced solutions serving safety, construction, aerospace and other industrial-based end-markets.

New DuPont will be comprised of the existing businesses within the Water & Protection segment (excluding Water Solutions), the majority of businesses within Industrial Solutions (including healthcare), and the retained businesses reported in Corporate (including adhesives). These businesses generated net sales of approximately $6.6 billion and operating EBITDA margin⁽¹⁾ of approximately 24% in 2023.

New DuPont is expected to continue to deliver strong margins, generate robust cash flow and will have a balanced financial policy similar to the current DuPont, including the ability to invest in growth opportunities.

Electronics: A Global Leader for Electronic Materials including Semiconductor Solutions and Advanced Electronics Products
　

Electronics will be a leading global provider of differentiated electronics materials including key consumables used in semiconductor chip manufacturing, as well as advanced electronic materials enabling reliable signal integrity, power management and thermal management. The company will be well positioned to capture growth in the semiconductor industry, driven by high-performance computing demands from AI, high speed connectivity, smart and autonomous vehicles and the Internet of Things, among other mega-trend growth drivers.

Electronics will be comprised of the existing Semiconductor Technologies and Interconnect Solutions lines of business, as well as the electronics-related product lines from Industrial Solutions. These businesses generated net sales of approximately $4.0 billion and operating EBITDA margin⁽¹⁾ of approximately 29% in 2023.

Electronics will focus on innovation-based growth. With robust cash flow generation, Electronics will be well positioned to pursue ongoing organic growth initiatives and have flexibility to pursue inorganic growth opportunities.

Water: A Comprehensive Water Solutions Provider with Leading Filtration Technologies
　

Water will be a global technology leader with a comprehensive portfolio of water filtration and purification solutions with leading technologies in reverse osmosis, ion exchange and ultrafiltration. Its solutions provide critical components and systems that generate clean and fit-for-purpose water across a variety of market segments including industrial water and energy, life sciences and specialties, municipal and desalination, and residential and commercial.

Water will be comprised of DuPont’s current Water Solutions line of business which generated net sales of approximately $1.5 billion and operating EBITDA margin⁽¹⁾ of approximately 24% in 2023.

With profitable growth and strong cash generation, Water will be well positioned to drive earnings growth through continued investment in the business as well as potential inorganic growth opportunities.

(1) Presented on a DuPont segment reporting basis for informational purposes and should not be viewed as an indication of the future company’s operating results on a standalone basis assuming completion of the separation transactions. Refer to Non-GAAP Financial Measures for further information.

Separation Transactions Detail

DuPont expects to execute the proposed separations of Electronics and Water in a way that will be tax-free for DuPont shareholders for U.S. federal income tax purposes.

DuPont expects to complete the separations within 18 to 24 months. The separation transactions will not require a shareholder vote and are subject to satisfaction of customary conditions, including final approval by DuPont’s Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of financing.

It is anticipated that all three companies will have strong balance sheets and will be capitalized to provide the financial flexibility to take advantage of future growth opportunities. New DuPont is expected to maintain its investment grade credit rating.

Leadership Updates

In a separate press release issued today, DuPont announced the following leadership appointments, effective June 1, 2024:

Lori Koch, current Chief Financial Officer is appointed Chief Executive Officer, succeeding Ed Breen who will retain his role of Executive Chairman.
Antonella Franzen, current Chief Financial Officer of DuPont’s Water & Protection segment, is appointed Chief Financial Officer.

Following completion of the separations, Lori Koch and Antonella Franzen will remain in their respective positions for New DuPont. Specifics around additional executive leadership and Board of Director appointments are expected to be announced in advance of the respective separations.
　

・	Reduce Costs from INVISTA Separation.
	DuPont will realize a total of USD 200 million in fixed cost reductions to offset residual costs from the anticipated separation of INVISTA. USD 100 million will be realized in 2004, and the full USD 200 million in 2005.

・	Leverage and Strengthen Infrastructure.
	Infrastructure actions are expected to achieve USD 250 million in fixed cost reduction in 2004, and the full USD 500 million in 2005.

・	Improve variable margin.
	These actions are expected to realize a USD 100 million variable margin improvement in 2004, and the full USD 200 million improvement in 2005 - mainly through cost reduction.

・	Improve Growth Capabilities.
	Recognizing that its leadership and functional expertise is concentrated in the United States and Western Europe, DuPont will rebalance resources towards emerging markets, where much of its growth will occur in the coming years. Initial focus will be on China, where the company already has a strong base. Other areas of interest include Central & Eastern Europe and Brazil. Separately, DuPont has undertaken to comprehensively and systematically improve its marketing and sales capabilities across its businesses, and to center and strengthen its marketing and sales support functions.

Other growth opportunity areas in the Agriculture & Nutrition plan include:
・	Increased sales and marketing resources for the seed business.
・	Investments in safer crop protection products by delivering our research pipeline products, including the planned 2008 introduction of Rynaxypyr^TM, a next generation ultra-low toxicity insecticide.
・	Growth for The Solae Company’s SoleCina - which enables food processors to convert a proprietary blend of vegetable and meat protein into a nutritious finished product.
・	Launch of Crystalon - vertical form fill and seal liquid packaging technology.
・	Continued investment in the markets of Brazil, Eastern Europe/Russia, India and China for all businesses.
・	Driving growth in its portfolio of leading biofuel technologies.

	1999	2000	2001	2002	2003	2004	2005	2006
PTOI	230	89	3,924
excl．special	263	133	58	468	548	681	751	819

2006/10/11 DuPont

DuPont Partners with Zhangjiagang Glory Chemical Industry Co. to Produce First Bio-Based DuPont Sorona® Polymer in Asia

DuPont News, August 2, 2007

DuPont News, September 20, 2007

DuPont News, December 4, 2007

DuPont Opens Fluoropolymer Production Plant in China　　江蘇省常熟市
　　New PTFE Facility Will Support Growth in Global Markets