DuPont consolidates business segments to enhance efficiencies and capabilities

The DuPont Packaging & Industrial Polymers and DuPont Performance Polymers businesses have been consolidated, as have DuPont Protection Technologies and DuPont Building Innovations. Both consolidations will be effective from January 1, 2016. 

The combined DuPont Packaging & Industrial Polymers and DuPont Performance Polymers businesses – which will comprise the DuPont Performance Materials reporting segment – will be led by Patrick E. Lindner, currently president of DuPont Performance Polymers. The combined DuPont Protection Technologies and DuPont Building Innovations businesses – which will be called DuPont Protection Solutions – will be led by Rose Lee, currently president of the DuPont Protection Technologies business. The combined business unit will continue as part of DuPont’s Safety & Protection reporting segment, which also includes the DuPont Sustainable Solutions business that will continue to be led by John L. Chrosniak as president. Lindner will continue to report to DuPont executive vice president James C. Collins while Lee will continue to report to Marc Doyle, senior vice president of DuPont Safety & Protection.

DuPont's interim chair and CEO, Edward D. Breen, said: ‘By bringing these business units together under common management structures, we are creating businesses of more significant scale to better serve our customers with more powerful science capabilities and stronger applications development.

‘At the same time, this will lead to more effective deployment of capital in these businesses, while capturing savings in our cost structure and driving greater value for our shareholders.’