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DuPont Rejects ‘Grossly Exaggerated’ Contract Allegations by INVISTA

Contact:   Anthony Farina    
    302-774-4005    




WILMINGTON, Del., March 26, 2008 – The following statement is in response to today’s allegations made by INVISTA in a complaint filed in U.S. federal court in the Southern District of New York. The statement is to be attributed to DuPont General Counsel Stacey J. Mobley.



“INVISTA’s allegations lack merit and cannot be supported by evidence or the law. DuPont intends to vigorously defend itself against INVISTA’s grossly exaggerated and misguided allegations, and is confident that it will be vindicated when all of the evidence is examined in a court of law.



“INVISTA’s allegations are based purely on a contract dispute – plain and simple. Not a single person was injured or placed at unreasonable risk in connection with any of INVISTA’s indemnification claims. Instead, four years after subsidiaries of Koch Industries acquired the facilities at issue from DuPont, INVISTA’s current allegations appear to be opportunistic efforts, including funding for INVISTA’s production capacity expansions and other earmarked capital improvement projects.



“DuPont is recognized as a global leader in workplace safety and voluntary environmental footprint reduction, going beyond regulatory requirements and pursuing a ‘goal of zero’ safety and environmental incidents. DuPont has an established track record of working openly and cooperatively with the multitude of agencies that oversee compliance at its global operations. During its ownership of the facilities at issue, DuPont invested tens of millions of dollars on environmental projects, upgrades and retrofits, and on hundreds of health and safety upgrade and improvement projects.”



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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3/26/08



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