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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


News provided by

DuPont

Oct 19, 2015, 03:00 ET

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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.

SOURCE DuPont

Related Links

http://www.dupont.com

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