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Record Growth in Sales from New Products; Patents at All-Time High
WILMINGTON, Del, Feb. 15, 2008 – DuPont Senior Vice President and Chief Science & Technology Officer Uma Chowdhry today announced that DuPont’s research pipeline
delivered strong results in 2007, with significant revenue from new products and a strengthening intellectual property portfolio.
“DuPont is a science company. It is through our market-driven science and innovation that DuPont delivers on our long-standing commitment toward sustainable growth,”
Chowdhry said. “Our R&D engine is powerful and is driven by the relentless dedication and passion of over 5,000 scientists worldwide who are delivering high margin, high value-added products that have been
instrumental in helping DuPont grow despite economic headwinds.”
DuPont has several metrics in place to measure the progress of its R&D pipeline. The metrics have shown continuous and significant growth over the last five years,
including:
Sales from new products: New products launched in the last five years accounted for 36 percent of the company’s revenue in 2007. This is up from 24
percent in 2001. DuPont sales from new products introduced in the last 5 years grew to over $10 billion in 2007, which has doubled in contribution since 2003.
Patents filed and granted: DuPont scientists currently hold over 6,000 active U.S. patents and have more than 4,000 U.S. patents pending. U.S. patents filed
by DuPont scientists have increased 7 percent since 2006, while U.S. patents granted increased nearly 20 percent from 2006.
New product launches: DuPont has launched more than 3,000 new products or new product applications in the past three years. In 2007, the company
commercialized over 1,200 new products or new product applications, including:
- Advanced Yield Technology (AYT) soybeans -- DuPont seed business Pioneer Hi-Bred introduced new soybean technology that increases yields by as much as 12 percent per
acre.
- DuPont™ Solamet® Photovoltaic Metallization Paste System -- Enables significant cost reduction for solar cell manufacturers.
- DuPont™ Hybrid Membrane Technology (HMT) filtration and fabric applications – A unique offering for air and liquid filtration that is poised to fill the performance gap between
traditional nonwovens and microporous films, HMT makes greater, more selective performance possible across a variety of air and liquid filtration applications. It also adds breathability and protection to bedding
products and other fabrics.
- DuPont EcoConcept waterborne paint system – Providing substantial reductions in energy use, environmental emissions and capital costs to auto manufacturers, EcoConcept
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.
- DuPont™ Hytrel® RS renewably sourced thermoplastic elastomers – DuPont relaunched one of its best-known performance polymers, DuPont™ Hytrel®, which now contains
between 20 and 37 percent renewable content. Hytrel® bridges the gap between rubber and rigid plastics.
“Our science and global market access is strong and DuPont is uniquely positioned to deliver real value to shareholders through science, technology and innovation,”
Chowdhry said. “Our science is focused on today’s market needs as well as the needs for tomorrow -- whether it be new products for growing agriculture markets or continued innovations to deliver safety and
protection that build on our long experience in this area.”
DuPont 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 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction;
communications; and transportation.
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2/15/08
The DuPont Oval Logo, DuPont™, The miracles of science™, Solamet®, Protera™, and Hytrel® are registered trademarks or trademarks of DuPont or its affiliates.
Photos:
DuPont™ Solamet® Conductive Thick Film Materials for
Photovoltaics
Caption: DuPont™ Solamet® screen-printable thick film enables solar cell manufacturers to reduce cost per watt by achieving higher cell efficiencies and production yields and lower material
consumption.
DuPont™ Hybrid Membrane Technology (HMT)
Caption: Mattress and pillow protectors made with DuPont HMT will help allergy sufferers sleep better by providing an effective barrier that has been scientifically proven to seal off even the most
microscopic allergens.
DuPont EcoConcept Finishing System
Caption: DuPont EcoConcept is a patented finishing system that allows automotive manufacturers to eliminate an entire coat in the painting process. EcoConcept reduces greenhouse gas emissions
and saves energy and time.