On November 17, 2003, Koch Industries agreed to purchase INVISTA from DuPont, pending government approval. The sale marks the end of an era for DuPont, which is officially severing ties with the nylon, polyester and spandex fiber businesses and specialty intermediates that were core to the company.
One thing that isn't changing at INVISTA is its heritage in chemical innovation. Many of the same people who, over the years, helped DuPont earn its solid reputation as a technology leader remain part of INVISTA.
In Specialty Intermediates, that means a renewed drive to find new uses for current products and to create new offerings for new applications. The company is committed to helping formulators of adhesives and sealants innovate in ways that improve the performance of their offerings.
The Specialty Intermediates product portfolio has strong trade brands that are used as building blocks for a variety of adhesive and sealant applications. Following is a list of these products, along with examples of some of the value they bring to adhesive and sealant applications.
"A fundamental strength of INVISTA is our ability to develop value-adding offerings for specific markets," Biederman says. "One of INVISTA Specialty Intermediates' core capabilities is our expertise in chemistry, which allows us to partner with formulators and tailor molecules to meet their requirements."
Biederman adds that the company has a track record of taking new products from lab to commercial scale efficiently and effectively. He expects this to further improve as INVISTA Specialty Intermediates adopts Koch's market-based management philosophy.
INVISTA is looking to partner with adhesive and sealant manufacturers who know the market and understand where there is potential for new, cutting-edge offerings. They would be formulators who are looking for ways to improve the performance of their offerings through the chemical building blocks used in formulating their products.
The strength of these partnerships is that the benefits accrue to both parties. That's the win-win proposition that built INVISTA Specialty Intermediates and will continue to drive its success for years to come.
For more information, contact Maria Gramig, INVISTA Inc., 4417 Lancaster Pike, Chestnut Run Plaza 723, Wilmington, DE 19805; phone 302-999-4781; fax 302-999-4839; e-mail firstname.lastname@example.org ; or visit http://www.invista.com .