DuPont Reorganizes Business

Posted by Matt Hopkins|17 August 2009

TMCnet.com reports that in order to streamline its operations, DuPont has consolidated its 23 businesses into 14 businesses: Pioneer Hi-Bred, Crop Protection, Nutrition & Health, Electronics & Communications, Performance Coatings, Performance Polymers, Packaging & Industrial Polymers, Protection Technologies, Building Innovations, Safety Resources, Chemical Solutions, Fluoroproducts, Titanium Technologies and Applied BioSciences.

DuPont also redefined its reporting segments to provide greater transparency. The new segments would be Agriculture & Nutrition (Pioneer Hi-Bred, Crop Protection, Nutrition & Health), Electronics & Communications, Performance Coatings, Performance Materials (Performance Polymers and Packaging & Industrial Polymers), Safety & Protection (Protection Technologies, Building Innovations, Safety Resources), Performance Chemicals (Chemical Solutions, Fluoroproducts, Titanium Technologies) and Pharmaceuticals (Applied BioSciences).

As part of the consolidation, the chemical maker commented that it eliminated the five group vice president positions and their supporting business structures. The group vice presidents have currently been reabsorbed in new roles within the 14 businesses.

DuPont claims the streamlined organization will bring business decisions closer to customers and increase transparency
and accountability.