DuPont Establishes New Innovation and Business Hub in Singapore
State-of-the-Art Laboratory and Business Complex to be Home to DuPont's New ASEAN Headquarters
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.
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SOURCE DuPont
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