Feb 26 2010
At a Feb. 24 Investors Business Review, Diane Gulyas, president, Performance Polymers, highlighted plans to grow the business' sales greater than 12% in 2010 while increasing the pre-tax operating income (PTOI) margin.
DuPont™ Hytrel® thermoplastic elastomers are being used for key railway infrastructure projects in Asia.
"Critical elements of the business plans include leveraging global capabilities and value chain expertise, continued productivity initiatives and growth in emerging markets, which accounted for almost 30% of sales in 2009," Diane said. "DuPont Performance Polymers expects to deliver about 10% compounded annual sales growth rate and pre-tax operating income margin expansion greater than 700 basis points between 2009 through 2012."
Diane highlighted examples of growth through new applications for products such as DuPont Hytrel thermoplastic elastomers, which have been adopted for key railway infrastructure projects in India and China; replacement of metal with high-performance plastics in under-the-hood components for weight reduction in the transportation industry; and DuPont's broad portfolio of renewably-sourced engineering resins.
Diane also previewed a new technology platform that will launch next week. The new product offerings will provide longer-performance at higher temperature requirements. Diane expects business growth will be fueled by growth in emerging markets, economic recovery, new products and continued cost and working capital productivity improvements.