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DuPont unveils ambitious agenda
The US-based DuPont, a technology-based manufacturing and services company, pledged to focus its research on increasing food production, reducing dependence on fossil fuels, and protecting people and the environment, especially in emerging markets.
Addressing media persons from seven Southeast Asian nations at a three-day forum in Jakarta, Indonesia, Carl J Lukach, president of DuPont East Asia, said: "We would like to launch more technologies that can help human beings get a better life."
Last year, the company spent around US$1.4 billion out of its total revenue of $31 billion on research.
"We have considered the problem between cost and quality, environmental agricultural products. We have tried our best to achieve a balance that helps farmers, especially poor farmers in Asia, buy our commodities at reasonable prices," he added.
Around 8,500 technologists and engineers work at DuPont’s 75 global R&D facilities on agriculture, automotive, construction, electronics, chemicals, industrial materials, and alternative-energy technologies.
This year the company’s revenues in Asia are set to fall by 15 per cent from last year’s $8.8 billion due to the financial crisis, but expected to grow at 10 per cent annually in the next three years.
DuPont came to Viet Nam in 1994 with products related to cropping, packaging, industrial polymers, coating and colour technologies.
It has offices in Ha Noi and HCM City and a plant in southern province of Binh Duong.
VIETNAMNEWS
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