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4. DUPONT
DuPont Performance Coatings
Badey Mill Plaza 21-2228
P O Box 80021, Wilmington
DE 19880-0021, USA
Tel: +1 302 774 1000
Fax: +1 302 892 5615
www.dupont.com
Key Figures:
Paint as % of Group Sales 24%
Coatings Sales£º4.64 billion
Coatings Sales£º1022m liters
Employees 60000
Geographic Sales:
Europe 40%
Americas 33%
Asia Pacific 27%
Sales Growth:
2009 +7.7%
2009 +5.4%
2007 +6.7%
Key Developments:
* Number one globally in automotive OEM topcoats and refinish
* Acquisition of a previous joint venture in Turkey
* Acquisition of powder Coatings company in Poland
* Award for wet-on-wet two-tone styling coatings system
* 30% of revenue from new products
* Nanotechnology coatings license
Executive Team:
Edward J Donnelly Jr, Group Vice President, DuPont Coatings & Color Technologies
Marty M. McQuade, Vice President & General Manager, DuPont Automotive Systems
Eric G. Melin, Vice President & General Manager, DuPont Refinish Systems
Douglas L. Moore, Vice President & General Manager, DuPont Advanced Coatings Systems
Mathieu Vrijsen, President Europe, Middle East & Africa
Terry Caloghiris, Vice President & General Manager, DuPont
Performance Coatings Transformation Sam W. Severance, Vice President & General Manager, DuPont Titanium Technologies
Business Unit Sales:
Refinish 43%, Automotive OEM 34%, Industrial£¬Powder 20% & Inkjet 3%
Market Positioning:
The mission of DuPont Coatings & Color Technologies is 'to develop and market coatings, ingredients, systems and technologies that address industrial and consumer needs for aesthetics, functionality and durability. It is positioned as the market leader through its superior technology, significant brand recognition, world-class customer service, and highly effective operations. Longer-term development opportunities include nano TiO2 applications, powder coatings for wood and plastics, and enhancement to digital inks and color services'.
DuPont Teflon DuPont signed with the National Paint Co. the largest architectural paint manufacturer in the Middle East to protect trademark license agreement. This marks the third DuPont Teflon in the Middle East to sign the license. Headquartered in the United Arab Emirates (UAE), National Coatings paint brand will have three indoor paints and two indoor / exterior paint and varnish. National Coatings will be in the UAE, Oman, Jordan, Yemen, Qatar, Bahrain, Saudi Arabia, Kyrgyzstan and Kazakhstan market product.
DCCT comprises DuPont Titanium Technologies and DuPont Performance Coatings. DuPont Performance Coatings ranks 7th in volume in the world and 5th in value.
Business Development:
DuPont Refinish 'Collision MD' web browser-based car repair management consultancy.
Recent product innovations include:
* Generation IX Powder clear coat£¬Improved scratch & mar resistance; Automotive OEM Market
* EcoConcept Waterborne System; Waterborne primerless system; Automotive OEM Market
* Imron Elite Single Stage Base/Clear Coats; Improved appearance and productivity; Heavy Duty Truck Coatings
* ChromaBas YB System; Integrated paint system; Automotive Refinish
Alesta HT Powder Coatings; Resist temperatures up to 1000[degrees]F; Grills, fireplaces, exhausts
Commentary:
DuPont's corporate financial goals are:
* 10% earnings per share growth
* 6% top line growth
* Return on invested capital in the high teens
DuPont sees its external challenges as:
* High feedstock costs
* Shift to emerging economies
* Customer consolidation
It is addressing these challenges, respectively, by:
* Marketing effectiveness and improved cost position
* Rebalancing resources to high-growth markets
* Marketing effectiveness and focus on innovation
DuPont Coatings & Color Technologies mission is to:
* Leverage DuPont technology and knowledge
* Create added value for customers
* Offer coatings, ingredients, systems and services
Key strategic opportunities include:
* Expanding leadership position in environmentally safe solutions
* Strengthening presence in the Asia Pacific and Eastern European markets
* Broadening digital ink technology for textiles and photographic uses.
DuPont signed a DuPont Teflon surface protector trademark license agreement with National Paints Factories Co. Ltd., the largest architectural coatings producer in the Middle East. This marks the third DuPont Teflon license to be signed in the Middle East. Headquartered in the United Arab Emirates (UAE), National Paints will co-brand three interior and two interior/exterior paints and a wood varnish with DuPont Teflon. National Paints will market the products in the UAE, Oman, Jordan, Yemen, Qatar, Bahrain, Saudi Arabia, Kyrgyzstan and Kazakhstan.
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