Sep 18 2008
DuPont is well-positioned for accelerated growth, particularly in emerging markets, DuPont Executive Vice President Ellen Kullman told investors yesterday in New York.
"We're positioning our market-driven science company to grow at a faster pace, or about 6 to 7 percent organic sales growth to 2010 and beyond," Ellen said. "Excluding acquisitions, we expect sales to grow about USD 6 billion from 2007 to 2010, half of which will come from emerging markets."
DuPont already has a solid foundation in emerging markets, where the company has established strong brands, reputation and key local relationships. Over the past five years, DuPont has grown in emerging markets at a compounded growth rate of 16 percent and, in 2007, sales into emerging markets exceeded USD 7 billion.
The company's approach to growth outside the United States focuses on three key development cycles used in a country or sub-region: securing and building market access; strengthening capabilities to serve local customers and upgrading routes to market; and optimizing market presence.