Adhesives & Sealants Headlines

DuPont Realigns Businesses Into Five Growth Platforms

WILMINGTON, Del. -- DuPont Co., saying it is taking the next step in its transformation to a sustainable-growth company, announced the realignment of its businesses into five market- and technology-focused growth platforms. The company also said it will create a Textiles and Interiors subsidiary as part of a plan to eventually spin off the unit as a separate entity.

Under the realignment, the company's Performance Coatings business becomes part of the "growth platform" named DuPont Coatings & Color Technologies. The platform will be made up of businesses with annual sales of about $4.9 billion and will include DuPont Performance Coatings and DuPont White Pigment and Mineral Products, the world's top producer of titanium dioxide (TiO2) pigments. The platform will be led by Group Vice President Edward J. Donnelly.

The other platforms are DuPont Electronic & Communication Technologies, DuPont Performance Materials, DuPont Safety & Protection, and DuPont Agriculture & Nutrition. The five units "will be more tightly focused on markets and technologies," said DuPont Chairman and CEO Charles O. Holliday Jr. "This will enable faster execution and improved capability for innovation and shareholder-value creation."

The company said it would consider a full range of options for DuPont Textiles & Interiors, including an initial public offering, with the ultimate goal of separation by year-end 2003 if market conditions permit.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI July 2015 issue

2015 July

The July issue features our annual Distributor Directory! Be sure to check it out!
Table Of Contents Subscribe

"Cultural Fit"

A recent opinion piece in the New York Times observed that new employees are often hired based on the personal similarities they share with their interviewers. How important is “cultural fit” when hiring someone?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.