DuPont Emphasizes the Need for Global Collaboratory in addressing challenges in Food, Energy and Protection in Vietnam
Ho Chi Minh, Vietnam, February 28, 2012 – In 2012 Vietnam’s population will reach 90 million, and by 2020 it is expected to reach 100 million1. As this number grows, so do the challenges we face in feeding our people, reducing dependence on fossil fuels, and protecting people and the environment. Responding to these pressing challenges, DuPont today emphasized the need for the Global CollaboratoryTM to find sustainable solutions that make the world and Vietnam a better place.
Farra Siregar, Managing Director of DuPont Vietnam, said “In Vietnam DuPont is looking forward not only to our business growth but also to collaborate and support Vietnam’s sustainable growth priorities. The biggest challenge that the world and our country is facing today stems from population growth and increasing energy needs. DuPont is applying its broad range of scientific knowledge and innovation to address these urgent needs. We believe that no single country, company or region of the world alone can solve them. We look forward to continue to work closely together with public and private organizations, scientists, engineers, NGOs, academic and governments to find sustainable solutions at the global and local level.”
“We are committed to the collaboration among all organizations and experts across all key industries with an aim to build sustainable growth for Vietnam. ‘Welcome to the Global Collaboratory’ means please join us, partner with us, work with us to help solve the country’s challenges for a better, safer, healthier life of Vietnamese people.” Farra concluded.
Feeding the World
Vietnam is one of Asia's fastest-growing economies, with relatively large and young population. It is one of the world’s leading exporters for food crops such as rice, and aquaculture, which represent more than 21 percent of the country’s GDP1. There is an opportunity for continued enhancement in food production, quality and safety to feed Vietnam’s growing population and support its export potential.
DuPont and its collaborators across the food value chain from field to table are optimistic that scientific innovations will help enhance the quality and quantity of food production to feed this growing population. These contributions include maximizing the yields of seeds through sustainable farming practices, protecting fields against pests and disease, enhancing the nutritional value of food, and reducing waste by packaging food to protect it from contaminants and decay. DuPont commits 60 percent of its total global research and development budget is devoted to innovations in agriculture and food.
Decreasing dependence on fossil fuels
By 2030, the world will consume 60 percent more energy than today. The global supply of fossil fuels is limited. And inefficient use of our remaining fossil fuels can adversely affect our environment. With a growing population, there is a big need to find new energy sources, and ways to use our existing resources more responsibly. Being a high growth urbanization and industrialization economy, Vietnam is facing the pressing challenge on sustainable and clean energy sources. There are significant energy productions and efficiency investments that Vietnam will need to implement over the next decade to support its sustainable growth. DuPont is uniquely positioned to address the rising demand for secure, environmentally sustainable and affordable energy sources. DuPont applies its deep expertise in clean technology and polymer science to help make fuels cleaner, and sustainable energy sources such as the sun, easier to harness. Over 70% of all photovoltaic solar panels ever made globally use DuPont materials.
Protecting People and Environment
Vietnam’s continued industrialization growth and urbanization over the coming decades brings forth significant challenges in protecting people and the environment. DuPont is working with companies, governments, academics and scientists to develop a vast range of protective materials, products and consulting solutions that help create a safe working environment, protect life, and reduce environmental footprint. DuPont includes Safety as a part of its Sustainability mission. Working with companies around the world, DuPont has provided workplace safety training to over 3 million people. DuPont has been offering products that protect people for over 40 years. Kevlar® is well known for use in officer body armor. By 2015 goal of DuPont is to introduce at least 1,000 new products for services to help make people safer globally.
DuPont (NYSE: DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com and http://vn.dupont.com
1 World Bank, International Development Association (IDA), 2011
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