DuPont Forms New Business to Accelerate Growth
Chemicals & Fluoroproducts Business Brings Scope and Scale to Drive Growth in $10 Billion Market
DuPont announced the merger of two businesses, DuPont Chemical Solutions Enterprise and DuPont Fluoroproducts, into a single powerhouse unit named DuPont chemicals & Fluoroproducts – accelerating growth by expanding global market access, leveraging DuPont’s unparalleled science and chemistry leadership, and driving world-class productivity.
DuPont Chemicals & Fluoroproducts further streamlines the company from 14 to 13 businesses to capitalize on global growth opportunities, including driving decision-making closer to customers by increasing regional business responsibility and accountability.
Gary W. Spitzer, who has been serving as president – DuPont Chemical Solutions Enterprise, will lead the organization as president of DuPont Chemicals & Fluoroproducts.
The merger will integrate the company’s fluorine business, capitalizing on DuPont’s number-one global position in fluoroproducts, as well as leveraging industry franchises and brands, and maximizing supply-chain efficiencies to grow market share. The business will use market-driven science to develop new products and technologies, including refrigerants with low global warming potential and next-generation fluoroproducts.
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