Manufacturing Today|April 2020
Basically, DuPont is on a mission. To protect and safeguard people and environment. Give us a holistic view of this nature of the company.
DuPont is a premier science and innovation company delivering essential innovations in the world. From probiotics to protective equipment, from more efficient cars to delivering clean water and enabling smarter, faster electronics…in all these areas and many more, we use our materials science expertise to deliver so many things that people use every day. Together we are transforming industries and improving everyday lives. We are committed to protect our people, our communities, and our planet. We operate sustainably by delivering world-class, end-to-end performance in safety, resource efficiency and environmental protection.
After the company trifurcation from DowDuPont in 2019, DuPont is a new and significantly different company. Today, we’re more streamlined and focused on providing technology-based solutions across industries like energy, safety & security, infrastructure, and health & nutrition. We have four different businesses — Electronics & Imaging, Nutrition & Bioscience, Transportation & Industrial, and Safety & Construction. The nature of these end-industries is such that we are consistently looking at innovations and partnerships across the value chains so that we can address some of the challenges facing the world. Our market-leading positions and strong customer relationships across geographies make us well-positioned to participate in the marketplace, drive innovationled growth and enhance value.
Across the industries you are present in, there has been much innovation. Could you enlighten us on some of the recent ones?
Globally, one of our strategic focus areas is to capitalize on high-growth industry megatrends such as 5G, health and wellness, electric and autonomous vehicles. So, to support the transition to 5G, we are working with smartphone OEMs and Tier 1 players to develop innovative material solutions especially for antenna splits and connectors that are enabling roll-out of early 5G-compatible smartphones.
Another example is auto electrification. With the global transportation industry moving to electric vehicles, OEMs are focusing on electrification as a key strategy. We’re working with our auto industry collaborators on sustainable mobility solutions that help reduce vehicle weight, help effect a smooth, cost-effective transition to alternative power sources, and improve fuel efficiency. Together, we’re creating products that are safer, more energy-efficient, produce fewer greenhouse gases, and help minimize our customers’ eco-footprint. Our unique initiative - AHEAD™ (Accelerating Hybrid-Electric Autonomous Driving), uses our materials science and electronics expertise to provide a broad/differentiated portfolio of technology and solutions for the e-mobility market.
R&D is a strong forte at DuPont – India and globally. What is the brief given to the team based on products and current market favourites?
DuPont is a global leader in sustainable innovation, with science as its driving force. Therefore, globally, we spend about 4% of sales on R&D i.e. $900 million annually, to develop highly-differentiated products and solutions. By investing in R&D we want to increase our customer’s business impact and speed to market and help them succeed.
You can read up to 3 premium stories before you subscribe to Magzter GOLD
Log in, if you are already a subscriber
Get unlimited access to thousands of curated premium stories and 5,000+ magazines
READ THE ENTIRE ISSUE