Free Newsletter
Register for our Free Newsletters
Newsletter
Zones
Advanced Composites
LeftNav
Aerospace
LeftNav
Amorphous Metal Structures
LeftNav
Analysis and Simulation
LeftNav
Asbestos and Substitutes
LeftNav
Associations, Research Organisations and Universities
LeftNav
Automation Equipment
LeftNav
Automotive
LeftNav
Biomaterials
LeftNav
Building Materials
LeftNav
Bulk Handling and Storage
LeftNav
CFCs and Substitutes
LeftNav
Company
LeftNav
Components
LeftNav
Consultancy
LeftNav
View All
Other Carouselweb publications
Carousel Web
Defense File
New Materials
Pro Health Zone
Pro Manufacturing Zone
Pro Security Zone
Web Lec
Pro Engineering Zone
 
 
 
News

DuPont to leverage 'knowledge-intensive solutions' for a new growth phase

Du Pont Engineering Polymers : 01 May, 2001  (New Product)
DuPont is preparing for a major period of growth based on leveraging 'knowledge intensive solutions', and Engineering Polymers will be among the strongest growth performers in the company's business portfolio, according to Group Vice President and General Manager of DuPont Engineering Polymers, Craig G. Naylor, speaking at DuPont's pre-Kunstoffe press conference here today.
DuPont is preparing for a major period of growth based on leveraging 'knowledge intensive solutions', and Engineering Polymers will be among the strongest growth performers in the company's business portfolio, according to Group Vice President and General Manager of DuPont Engineering Polymers, Craig G. Naylor, speaking at DuPont's pre-Kunstoffe press conference here today.

Naylor said: 'DuPont will accomplish sustainable growth through three strategic pathways: integrated science, knowledge intensity and improved productivity. DuPont is, first and foremost, a science company. Maths, physics, chemistry and biology form the bases of our underlying technology platform. The result is a wide and diverse, integrated science product offering that is used to effect significant advances in a diverse range of industries.

'This is where the concept of 'knowledge-intensive solutions' comes in. It is the combined expertise of our scientists, company-wide, that enables Engineering Polymers to provide outstanding added value to each of our customers and ultimately, to the industries in which they operate.'

Naylor said that, looking back over the company's near-200 year history, it had undergone two main growth phases in the past. The first was based on explosives and the second on chemicals and energy. He noted: 'Our polymers and technology expertise enables us to provide superior solutions that help to improve the productivity and performance of a huge range of industrial and consumer systems worldwide. We do not simply sell products. We sell solutions based on our knowledge and expertise. Adding value to our customers is a lynchpin of DuPont's sustainable growth goals.'

At the press conference, Naylor said that DuPont intends to grow Engineering Polymers from a US$ 2.3 billion business today to a US$ 3 billion business by 2005, noting that Engineering Polymers has launched three main initiatives to achieve this.

First, he said, Engineering Polymers is undergoing a 'huge marketing transformation to improve our products and services for our customers', by better managing its product portfolio and strengthening its selling skills. The marketing force is equipped with new databases that help it leverage new applications and technologies across the world more quickly, and technical support resources that are better targeted to provide back-up to sales staff globally. Second, Six Sigma methodology has been implemented across the business, and major productivity improvements are already being seen as a result.

Third, Naylor noted that DuPont Engineering Polymers has become a web-empowered business, committed to helping customers use e-commerce to improve speed and efficiency by making on-line transactions. This commitment includes support for the Omnexus injection moulding e-marketplace, which allows customers to aggregate orders among a number of suppliers.

Naylor summed up: 'What are the qualities that define DuPont Engineering Polymers today? We hold a strong global market position and we are active in high value market segments with high growth potential. We hold a performance-oriented product portfolio. Our impressive track record has won us strong support from within DuPont, for the investments we need in order to keep growing. For these reasons, DuPont fully expects Engineering Polymers to be among the strongest growth performers in its business portfolio.'
Bookmark and Share
 
Home I Editor's Blog I News by Zone I News by Date I News by Category I Special Reports I Directory I Events I Advertise I Submit Your News I About Us I Guides
 
   © 2012 NewMaterials.com
Netgains Logo