DuPont
Sales: $4.3 billion
EcoConcept wins
2007 PACE Award
Sluggish auto sales could be a little
more than a bump in the road for
DuPont Coatings and Color
Technologies, one of DuPont’s five business segments. It’s the world’s largest
provider of automotive coatings and has
large contracts with every U.S.
automaker—along with many refinishers—to provide them with automotive
finishes.
The unit includes the DuPont
Performance Coatings and DuPont
Titanium Technologies (TiO2) businesses. During the year the Performance
Coatings business aligned its businesses into three primary market-facing
segments—DuPont Refinish (for the
automotive aftermarket sector),
DuPont Automotive Systems (for auto
OEMs) and DuPont Industrial Finishes
(includes powder coatings, marine and
aviation finishes).
Sales for Coatings and Color
Technologies in 2007—minus the TiO2
operations—was valued at approximately $4.3 billion.
As part of its continued growth strategy in emerging markets, DuPont opened its
second office in Russia in
2007. The St. Petersburgh office will focus
specifically on the growing automotive industry
in Russia. The opening
follows expansions of the
company’s offices in
Moscow and Kiev in the
Ukraine, and the launch
of an office in Almaty,
Kazakhstan.
In India, the company
opened its second refinish training center in
Bangalore. Also, DuPont
signed a global cooperation agreement with
Korean car manufactur-
DuPont’s second office in Russia, pictured
here in St. Petersburgh, was officially
opened on June 29, 2007.
Company Facts:
DuPont
1007 Market St.
Wilmington, DE 19898 USA
Tel: (302) 774-1000
www.dupont.com
er, Hyundai Motors, to supply Hyundai
bodyshops with DuPont’s refinish
products, training and service.
In terms of new products, DuPont
introduced two new water-based finishes. DuPont Cromax Pro was
designed to help collision repair shops
meet stricter emissions regulations
that take effect in 2009 in California.
Similar regulations are expected in
Canada. The second product, DuPont
Imron ZV HG polyurethane enamel is
a water-based version of a coating that
became known for its wet look.
• 2007 SALES REVENUE: $4.3 billion
(2006 SALES: $4 billion)
• KEY PERSONNEL: Charles Holliday, chairman
and CEO; Ellen Kullman, executive VP; Terry
Caloghiris, group VP, DuPont Coatings & Color
Technologies; Marty McQuade, VP & GM, DuPont
Automotive Systems; John McCool, VP & GM,
DuPont Refinish Systems; Ferdinand Bauerdick,
VP & GM, DuPont Advanced Coatings Systems
and DuPont Performance Coatings Europe.
• MAJOR PRODUCTS: Automotive OEM and
refinish coatings, industrial finishes, powder coatings, marine and aviation finishes.
Combining two coating steps into one waterborne
basecoat, DuPont’s EcoConcept finishing system saves
carmakers energy, time and capital while also reducing emissions. Winner of the 2007 PACE Award for
superior innovation from Automotive News,
EcoConcept is in place in two Volkswagen plants.
