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Collaboration, Science Anchor Global Growth
for Automotive Suppliers
DuPont Leader Addresses 'Challenges to Growth' in Society of Automotive Analysts Panel

Wilmington, DE, September 28, 2011

Sustainable growth in the global automotive industry will require a mix of collaboration and science-powered innovation to design and manufacture vehicles that reduce dependence on fossil fuels, according to Rick Bond, director, global marketing and product development, DuPont Performance Polymers.

Bond was one of three panelists discussing "Challenges to Growth" at the Sept. 28, 2011, Society of Automotive Analysts 2011 Strategic Planning Summit in Detroit.

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Rick Bond, director, global marketing and product development, DuPont Performance Polymers.

"We are at a dramatic turning point in the industry," said Bond. "The global economic downturn clarified the need to move faster to develop and implement technologies for fuel-efficient, affordable vehicles that consumers want. We need to bring science into the conversation early, break down the silos that still exist in the value chain, and get regions talking to each other to be successful in meeting the challenges facing automakers today."

"Collaboration shapes thinking; science enables innovation,"
he said.

DuPont, which offers more than 100 materials and product families to the automotive industry through multiple points in the value chain, this year opened several automotive-focused collaboration centers in China, Korea and India, linked to existing facilities in the Americas, Europe and Japan.

"These centers can provide a platform for our customers to access the integrated capabilities of our company and allow us to collaborate to address challenges as well as growth opportunities in the automotive market," Bond said.

In 2010, DuPont launched more than 1,700 new products and invested 22 percent of its $1.7 billion R&D budget on reducing dependence on fossil fuels, new chemistry and materials. That same year, DuPont was granted nearly 700 patents, one of the highest totals in the company's history.

"We have a rich history of invention and a strong track record for bringing new products to the market," said Bond. "Our goal now is to bring our science even closer to the market so that new products and technologies are developed — affordably — in conjunction with market and customer need."

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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 www.dupont.com.


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