Coatings World - July 2009

05

DuPont Wilmington, DE/USA www.dupont.com

PUBLIC COMPANY
HEADCOUNT: 60,000
YEAR ESTABLISHED: 1802
COATINGS REVENUES: $4.3 billion
TOTAL REVENUES: $30.7 billion
(sales of titanium dioxide in the Coatings & Color Tech. unit
are not reported as part of coatings revenues)

SEGMENT BREAKDOWN

• DuPont Coatings & Color Technologies: 22%

• DuPont Agriculture & Nutrition: 26%

• DuPont Electronic & Communication Technologies: 13%

• DuPont Performance Materials: 21%

• DuPont Safety & Protection: 18%

KEY PEOPLE

Chad Holliday, chairman of the board; Ellen Kullman, CEO; Terry Caloghiris, group VP, DuPont Coatings & Color Technologies; BC Chong, VP and general manager, automotive OEM systems; John G. McCool, VP and general manager, refinish systems; Ferdinand Bauerdick, VP and general manager, advanced coatings systems and performance coatings Europe.

DuPont’s coatings and color technologies business unit is one of the world’s leading motor vehicle coatings uppliersand the world’s largest manufacturer oftita-nium dioxide products (titanium dioxide operations are not included in this report). Coatings revenue in 2008 amounted to approximately $4.3 billion. Products offered include high performance liquid and powder coatings for motor vehicle OEMs, the motor vehicle aftermarket, and general industrial applications, such as coatings for heavy equipment, pipes and appliances and electrical insulation.

The key markets in which the coatings and color technologies unit operates continued to grow for most of the year, with growth in the emerging regions, offset by significant decline in demand across the segment during the last four months of 2008 as the industry supply chains destocked worldwide in response to the global economic recession.

During the year DuPont continued its push into emerging markets. DuPont Performance Coatings held an opening ceremony in the Jiading District of Shanghai to mark the start-up of production of a 20,000-ton-per-year paint plant in the district.

Products from the $80 million plant mainly serve the Chinese automotive-refinishing market, and its products include industrial paint, refinishing paint and automotive OEM paint.

DuPont Russian Coatings LLC opened the largest technical center in Russia dedicated to the development of high-performance automotive coatings. The $3 million facility is located at the Yaroslav headquarters of DuPont Russian Coatings, a joint venture established in 2006 by DuPont and Russkie-Kraski to supply coatings to manufacturers of automobiles and commercial vehicles in Russia and the Commonwealth of Independent States (CIS).

The new research and development center’s primary focus is adapting the technical properties of new coatings materials to the line conditions at new car manufacturers’ plants and at the operations of plastic parts makers. Because of the lab’s close proximity, the DuPont Russian Coatings scientists staffing the new center will be better able to anticipate and respond to the needs of the fast-growing Russian auto industry.

DuPont also announced the opening of its first office in Sofia, Bulgaria. The Sofia office represents DuPont’s growing market reach in Central Europe, following openings in Poland, the Czech Republic, Hungary, Romania, the Baltic countries and Serbia. The office will provide access to customers in Bulgaria, Macedonia and Albania. Next year, Bulgarian paint and coatings company, Megachim, and DuPont will launch a new product based on a know-how exchange under a trademark license agreement signed in June 2007. As a result of this agreement, DuPont Titanium Technologies (DTT) and Megachim announced a five-year partnership to launch a paint portfolio of architectural coatings that will be marketed under the DuPont Teflon brand. ;

GERMAN PAINT MAKER SELECTS DUPONT ECOCONCEPT

Bollig & Kemper, a German manufacturer of coatings for the European auto industry, has signed a license agreement for DuPont EcoConcept, a patented coatings technology that eliminates one complete coating layer, the primer-surfacer, and combines it into a single environmentally compliant water-based basecoat. As a result, a spray booth and curing oven are eliminated from the auto production line. Under the license agreement, the Cologne-based paint maker will manufacture and sell water-based basecoats for use in the EcoConcept process at automotive manufacturing plants in Germany and elsewhere in Europe. EcoConcept technology was recognized in 2007 when Automotive News presented DuPont with a PACE Award.