DuPont: The New Business of Innovation

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DuPont Opens New Innovation Centers to Fuel Local Collaboration in Key Markets

Wilmington, Del., June 29, 2011 – DuPont announced today its plan to open new global Innovation Centers, with the first in Asia Pacific. The two Innovation Centers opening this month include one in Korea, servicing the electronics and automotive industries, and another in Taiwan, focusing on the electronics and communications markets. Beginning in autumn, new Innovation Centers in Thailand and India also will be ready to collaborate with customers around renewable energy initiatives and innovations. Additional Innovation Centers are planned in Latin America, Europe and North America.

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Caption: Customers and DuPont executives press button to mark the opening of Korea Innovation Center. (From left) Five customers, Thomas M. Connelly Jr., Executive vice president and Chief Innovation Officer; Carl Lukach, DuPont East Asia President; JT Rim, DuPont Korea President; Cheoroo Won, DuPont Korea Chairman; SY Lee, Leader of Korea Innovation Center.

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Caption: DuPont Taiwan Innovation Center is a Collaboration Space Where We Work with Different Partners.

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Caption: DuPont is Dedicated to Develop Renewable Energy to Reduce Dependence on Fossil Fuels.

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(From Right to Left) DuPont CPM Global Business Director Peter Irvine, DuPont East Asia President Carl Lukach, DuPont Taiwan President Steve Chen, Minister of Economic Affairs Dr. Yen-Shiang Shih, DuPont Greater China President Tony Su, Deputy Director-General of Science Park Administration Dr. Kuan-Hsiu Hsaio and DuPont MCM Global Business Director Mr. Walt Cheng in ribbon-cutting ceremony to mark the grand opening of DuPont Taiwan Innovation Center.

DuPont's goal is to partner on solutions that fuel local collaboration and application development and engage customers in inclusive innovation – wherever they are in the world.

“The global population has grown to 7 billion, generating great need for food, energy and protection. We realize that meeting these needs will require more than science. Globally, we are committed to leading collaborative and inclusive innovations to respond to the challenges facing the world today. Collaboration is the driving force behind establishing these country-focused Innovation Centers,” said Executive Vice President and Chief Innovation Officer Thomas M. Connelly.

“The new Innovation Centers will foster an exchange of ideas and real-time collaboration between our scientists and customers that will mean innovative solutions and increased speed-to-market for consumers around the world,” added Connelly.

In Korea, it is important for DuPont to build on the needs of leading Korean companies which are winning business globally and looking for new technology innovation in the areas of automotive, renewable energy, electronics, bio-materials and construction.

For DuPont’s electronic and communications customers in Taiwan, whose businesses change almost daily, they need science-based solutions to capture new business opportunities quickly and stay ahead of market demand.

“The Innovation Centers will demonstrate the problem-solving might of private/public alliances, serve as a catalyst for growth in these regions and serve to uncover unmet needs that will improve the lives of people everywhere,” Connelly said.

For more information about the DuPont Korea Innovation Center: http://www2.dupont.com/Korea_Country_Site/ko_KR/our_company/dkic.html

For more information about the DuPont Taiwan Innovation Center: http://www2.dupont.com/Taiwan_Country_Site/zh_TW/duponttaiwan/dtic.html

DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

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06/29/11