23 July 2013
Details
DuPont's transformation to
a higher growth, less cyclical company.
DuPont today
A) is realigning its leadership team to
accelarate its integrated science execution
across the company by
1.Accelarating the integration of
Dupont's rapidly growing and
leading industrial biotechnology into its
wide-ranging advanced materials businesses,
as a demand for renewable sourced materials expands steadily
The businesses are the
- Industrial Biosciences
- Performance Polymers
- Packaging & Industrial Polymers
2.Driving improved execution and
accelarating business growth in the businesses of
- Protection Technologies,
- Building Innovations and
- Sustainable Solutions.
B) and is exploring strategic alternatives for its
Performance Chemicals Segment.
DuPont's consideration of strategic alternatives
for its Performance Chemicals Segment may include
a full or partial separation of each of these businesses
from the company through
a spin-off, or sale or other transaction.
DuPont may pursue
a different strategic alternative for each business.
The segment includes
* Titanium Technologies and
* Chemicals & Fluoroproducts Businesses
which generated total sales of $7.2 billion in 2012
DuPont's decision to explore strategic alternatives for its
Performance Chemicals Businesses reflects
its ongoing portfolio review
to determine how best integrated science
can contribute to
growth and the optimal mix businesses for
maximizing shareholder value.
This follows DuPont's sale of its
* Performance Coatings Business earlier this year and
* the acquistion of Danisco in 2011.
DuPont,
Ellen Kullman, CEO
- We have been carefully weighing
the strong cash generation
of our Performance Chemicals Business against
their cyclicality and lower growth profile
as well as whrer the power of DuPont's integrated science
can be differentiated.
- We are evaluating options for
our Performance Chemicals Business
as part of our ongoing plan to deliver
* higher growth and
* greater value creation for our shareholders.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
