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DuPont Begins Production for Critical Raw Material in Tedlar® PVF Film for Durable Photovoltaic Modules

Major Capacity Expansion Aligned with DuPont Commitment to Reduce Global Dependence on Fossil Fuels



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302-774-0081
daniel.a.turner@usa.dupont.com 

FAYETTEVILLE, N.C., Aug. 25, 2010 – Underscoring its ongoing commitment to developing and delivering cleaner, more efficient energy solutions, DuPont announced that production of polyvinyl fluoride (PVF) polymer resin, a critical raw material used to make high-performance DuPont™ Tedlar® polyvinyl fluoride film, has begun at the DuPont Fayetteville Works facility.  Tedlar® films serve as the essential component of photovoltaic backsheets, providing long-term durability and performance for solar modules in all-weather conditions. 

Production startup at Fayetteville is part of the previously announced multi-phase $295 million investment by DuPont to more than double Tedlar® film capacity for the fast-growing photovoltaic industry.  With increased production for the PVF resins at Fayetteville now under way, additional Tedlar® film production is expected to start up at Circleville, Ohio, in September 2011.

“Starting up the new polymer resin production for Tedlar® film is a critical step necessary for us to meet the overwhelming customer demand for this essential solar panel backsheet material,” said David B. Miller , president – DuPont Electronics & Communications.  “Tedlar® enables solar panels to deliver reliable power output for 25 plus years.  This capacity expansion will allow us to help our customers supply the highest quality solar modules as the market continues to grow.”

DuPont anticipates that the photovoltaic market will grow rapidly over the next several years, and this growth will drive the demand for Tedlar® and other key materials that increase the lifetime and efficiency of solar cells and modules.  DuPont expects that overall sales of its family of products into the photovoltaic industry will exceed $1 billion in 2011 and $2 billion by 2014. 

DuPont™ Tedlar® PVF films have been an essential component of photovoltaic backsheets for more than 25 years.  The manufacturing steps in making Tedlar® film include producing vinyl fluoride monomer, which is converted into polyvinyl fluoride polymer resins, and extruded to make Tedlar® film.  Tedlar® is widely recognized as the industry standard due to its excellent strength, weather resistance, ultraviolet resistance and moisture barrier properties.  As a result, Tedlar® enables solar modules to achieve long-life performance providing a long-term sustainable energy source for the marketplace.  This results in improved economic returns for investments in solar energy projects and therefore a lower cost of solar electricity to consumers. 

DuPont™ Tedlar® polyvinyl fluoride films are part of the broad and growing portfolio of products represented by DuPont Photovoltaic Solutions, which connects science and technology from across the company on a global scale to help support the dramatic growth of the photovoltaic industry.  To learn more about DuPont Photovoltaic Solutions, visit  http://photovoltaics.dupont.com.

DuPont is applying the power of its science to help reduce the world’s dependence on fossil fuels.  DuPont has a range of market-leading products that serve the renewable energy industry, including enabling materials for photovoltaics, biofuels, and renewably sourced materials and technologies engineered to improve energy efficiency.  .

DuPont (www.dupont.com) is a science-based products and services company.  Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere.  Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

Forward-Looking Statements:  This news release contains forward-looking statements based on management’s current expectations, estimates and projections.  The company does not undertake to update any forward-looking statements as a result of future developments or new information.  All statements that address expectations or projections about the future, including statements about the company’s strategy for growth, product development, market position, expected expenditures and financial results are forward-looking statements.  Some of the forward-looking statements may be identified by words like “expects,” “anticipates,” “plans,” “intends,” “projects,” “indicates,” and similar expressions.  These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions.  Many factors, including those discussed more fully elsewhere in this release and in DuPont’s filings with the Securities and Exchange Commission, particularly its latest annual report on Form 10-K, as well as others, could cause results to differ materially from those stated.  These factors include, but are not limited to changes in the laws, regulations, policies and economic conditions of countries in which the company does business; competitive pressures; successful integration of structural changes, including acquisitions, divestitures and alliances; research and development of new products, including regulatory approval and market acceptance, and seasonality of sales of agricultural products.

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