02.11.2015 15:53:46

DuPont Announces Business Unit Consolidations - Quick Facts

(RTTNews) - Chemicals giant EI DuPont De Nemours & Co. (DD) or DuPont Co announced the consolidation of its DuPont Packaging & Industrial Polymers business with its DuPont Performance Polymers business, as well as the consolidation of the DuPont Protection Technologies business with the DuPont Building Innovations business. Both consolidations will be effective on January 1, 2016.

DuPont will continue to have six reporting segments.

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 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, DuPont Safety & Protection.

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