SINGAPORE, Oct. 19, 2015 /PRNewswire/ -- Today, DuPont
announced that it will establish a new innovation and business
headquarters in Singapore. The
11,000-square-meter facility will open in 2016 and house nearly 200
scientists, engineers and business leaders. Drawing on DuPont's
leading position in Agriculture & Nutrition, Advanced Materials
and Bio-based Industrials, the new DuPont Singapore ASEAN
headquarters will focus on delivering new innovations tailored to
meet the unique needs of the ASEAN marketplace.
"DuPont's powerful innovation pipeline is driven by our unique
combination of science and engineering, strong execution and global
reach. The DuPont Singapore ASEAN headquarters will bring us closer
than ever to our ASEAN customers so that together we can more
quickly develop and deliver innovative solutions for the region and
the world," said DuPont Senior Vice President and Chief Science
& Technology Officer Douglas Muzyka.
"We are pleased that DuPont has chosen Singapore as the base from which to partner
and support their customers in ASEAN and beyond," said Cindy Koh, director, Energy & Chemicals,
Singapore Economic Development Board. "DuPont will be able to
leverage the inter-disciplinary research capabilities in the
publicly funded research institutes and universities in
Singapore to innovate new products
and solutions to meet the needs of an increasingly sophisticated
ASEAN. The DuPont Singapore facility also will create exciting job
opportunities for Singaporeans, which enables them to be at the
forefront of science."
ASEAN is an increasingly important economic region for DuPont
that has delivered consistent growth for the company. With more
than 620 million people, and with a rapidly rising middle class,
the region is home to a rapidly expanding knowledge base.
"Singapore is an ideal location
for the DuPont ASEAN headquarters because of its close proximity to
our ASEAN customers, the region's diverse talent pool, and policies
that stimulate collaboration and innovation," said DuPont ASEAN
Group Managing Director Hsing Ho.
DuPont is present in eight ASEAN countries and has operated in
Singapore since 1973. With the
establishment of this new ASEAN business and R&D headquarters,
DuPont's total workforce presence in Singapore will grow significantly. The
facility is expected to expand to over 300 employees by 2020. It
will be part of DuPont's global network of thirteen innovation
centers and 150 research and development centers worldwide,
focusing on bringing new science-based innovations to customers
everywhere.
DuPont (NYSE: DD) has been bringing world-class science and
engineering to the global marketplace in the form of innovative
products, materials, and services since 1802. The company
believes that by collaborating with customers, governments, NGOs,
and thought leaders we can help find solutions to such global
challenges as providing enough healthy food for people everywhere,
decreasing dependence on fossil fuels, and protecting life and the
environment. For additional information about DuPont and its
commitment to inclusive innovation, please visit
http://www.dupont.com.
Forward-Looking Statements: This document contains
forward-looking statements which may be identified by their use of
words like "plans," "expects," "will," "believes," "intends,"
"estimates," "anticipates" or other words of similar meaning. All
statements that address expectations or projections about the
future, including statements about the company's strategy for
growth, product development, regulatory approval, market position,
anticipated benefits of recent acquisitions, timing of anticipated
benefits from restructuring actions, outcome of contingencies, such
as litigation and environmental matters, expenditures and financial
results, are forward looking statements. Forward-looking statements
are not guarantees of future performance and are based on certain
assumptions and expectations of future events which may not be
realized. Forward-looking statements also involve risks and
uncertainties, many of which are beyond the company's control. Some
of the important factors that could cause the company's actual
results to differ materially from those projected in any such
forward-looking statements are: fluctuations in energy and raw
material prices; failure to develop and market new products and
optimally manage product life cycles; ability to respond to market
acceptance, rules, regulations and policies affecting products
based on biotechnology; significant litigation and environmental
matters; failure to appropriately manage process safety and product
stewardship issues; changes in laws and regulations or political
conditions; global economic and capital markets conditions, such as
inflation, interest and currency exchange rates; business or supply
disruptions; security threats, such as acts of sabotage, terrorism
or war, weather events and natural disasters; ability to protect
and enforce the company's intellectual property rights; successful
integration of acquired businesses and separation of
underperforming or non-strategic assets or businesses, including
timely realization of the expected benefits from the separation of
Performance Chemicals. The company undertakes no duty to update any
forward-looking statements as a result of future developments or
new information.
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SOURCE DuPont