Our Global Growth Strategy Focuses on Developing Markets
A critical element of our global growth strategy is to advance our penetration in rapidly growing, developing markets. DuPont has active operations in 90 countries, and more than 150 R&D centers worldwide.
From this base of operations, our 10,000 scientists and engineers are able to seek out new markets for established products, as well as create new, localized solutions for specific regional needs.
As an example, DuPont acquired full ownership of Pannar, a South African seed company with operations throughout Africa and in other parts of the world. This is a significant milestone in DuPont’s commitment to bring technological innovation to agriculture in Africa.
In 2013, our volume growth in developing markets was 11 percent, as we successfully leveraged market positions and deep relationships with customers around the world.
DuPont Innovation Centers
Our 12 Innovation Centers around the world allow DuPont scientists and engineers to engage directly with customers and other strategic partners, to identify local needs. These collaborations allow us to anticipate market trends, get real-time information on product performance, rapidly develop potential solutions, and fill our pipeline with growth products, all of which contribute directly to long-term shareholder value. In 2013, nearly 400 new projects, many of which are anticipated to be commercialized within the next few years, were initiated at Innovation Centers.
The DuPont Technology Conference
DuPont TechCon is our annual technology conference, attended by select customers and more than 500 scientists from around the world, connecting them with one another to broaden and deepen our science and technology relationships, and feed our innovation pipeline.
Developing Tougher Engine Parts for Mazda
When leading automobile manufacturer Mazda was looking for specialized parts that would be durable in an extremely high-temperature, high-pressure and wet environment – for example, for the company’s SKYACTIV-D1 diesel engine, DuPont was the only materials supplier that could provide the products and expertise necessary for a solution.
During an engagement with the DuPont Innovation Center in Nagoya, Japan, Mazda engineers collaborated with designers and leaders from two DuPont businesses. The result was turbocharger air ducts made of DuPont™ Zytel® HTN (high-temperature nylon) and hoses made of DuPont™ Viton® synthetic rubber. Mazda now uses DuPont™ Vamac® elastomer in its new SKYACTIV-D1 diesel engines, which are able to withstand air temperatures reaching 200°C at pressures up to 200 kPa in a wet, corrosive environment.