NEW YORK, May 27, 2015 /PRNewswire/ -- DuPont Chair
and Chief Executive Officer Ellen
Kullman presented today at the 31st annual Bernstein
Strategic Decisions Conference, where she discussed the Company's
progress and provided insight into the new DuPont that will emerge
following the expected separation of the Performance Chemicals
business – now known as The Chemours Company – in July.
Kullman remarked: "Over the past six years, we have been
transforming DuPont to ensure that we can help our customers solve
for the needs of the world's growing population -- and a
rising middle class -- during a new age of resource scarcity -- and
translate that directly into compelling and sustainable value for
shareholders. We have significantly refined our portfolio, focused
our strategy, streamlined our organization, reduced costs and
improved productivity. As a result of these actions, we are
even more agile and responsive to the market, with our resources
fully focused on opportunities where DuPont's science and
engineering capabilities will deliver the greatest value."
"After the anticipated separation of Chemours, DuPont will
emerge stronger and more competitive, well prepared for our next
step-change in both growth and value. Our capabilities are
uniquely well suited to helping our customers provide plentiful,
healthier food; renewably sourced advanced materials; ample energy;
better infrastructure and transportation. Importantly, we are
fully focused on opportunities where today's mix of DuPont science
and engineering capabilities will deliver the greatest
value."
In conclusion, Kullman outlined the value proposition that next
generation DuPont offers its shareholders, and the Company's
commitment to driving superior shareholder value: "We have a clear,
compelling and focused strategy that is delivering value for
shareholders today while positioning DuPont for a successful
future. We are driving this value by building and leveraging
existing world leading positions in attractive markets in which we
have unique competitive advantages, and in which our advantaged
science and innovation enables us to deliver customized solutions
that our customers want and need.
"Our shareholders have high expectations for us, and we are
ready to meet those expectations by driving continued productivity
and capitalizing on the tremendous opportunities presented by our
three strategic focus areas. We know we have more work to do,
but our progress to date gives me the confidence that we are up to
the challenge and we fully intend to deliver."
To view a full copy of today's presentation, visit the "Events
& Presentations" page on the DuPont Investor Center.
DuPont (NYSE: DD) has been bringing world-class science and
engineering to the global marketplace in the form of innovative
products, materials, and services since 1802. The company
believes that by collaborating with customers, governments, NGOs,
and thought leaders we can help find solutions to such global
challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its
commitment to inclusive innovation, please visit
http://www.dupont.com.
Forward-Looking Statements
This document contains forward-looking statements which may be
identified by their use of words like "plans," "expects," "will,"
"believes," "intends," "estimates," "anticipates" or other words of
similar meaning. All statements that address expectations or
projections about the future, including statements about the
company's strategy for growth, product development, regulatory
approval, market position, anticipated benefits of recent
acquisitions, timing of anticipated benefits from restructuring
actions, outcome of contingencies, such as litigation and
environmental matters, expenditures and financial results, are
forward looking statements. Forward-looking statements are not
guarantees of future performance and are based on certain
assumptions and expectations of future events which may not be
realized. Forward-looking statements also involve risks and
uncertainties, many of which are beyond the company's control. Some
of the important factors that could cause the company's actual
results to differ materially from those projected in any such
forward-looking statements are: fluctuations in energy and raw
material prices; failure to develop and market new products and
optimally manage product life cycles; ability to respond to market
acceptance, rules, regulations and policies affecting products
based on biotechnology; significant litigation and environmental
matters; failure to appropriately manage process safety and product
stewardship issues; changes in laws and regulations or political
conditions; global economic and capital markets conditions, such as
inflation, interest and currency exchange rates; business or supply
disruptions; security threats, such as acts of sabotage, terrorism
or war, weather events and natural disasters; ability to protect
and enforce the company's intellectual property rights; successful
integration of acquired businesses and separation of
underperforming or non-strategic assets or businesses and
successful completion of the proposed spinoff of the Performance
Chemicals segment including ability to fully realize the expected
benefits of the proposed spinoff. The company undertakes no duty to
update any forward-looking statements as a result of future
developments or new information.
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SOURCE DuPont