DuPont (E. I. du Pont de Nemours and Company) Business Report FY ended Dec. 2011

Business Highlights

Contracts

-In 2011, the Company announced that Toyota's new hybrid vehicle "Prius α", which is launched in Japan in May 2011, features automotive interiors made of DuPont Sorona EP polymer, a thermoplastic resin. Sorona EP polymers contain between 20% and 37% renewably sourced material (by weight) derived from plant sugar. Developed in close collaboration with Toyota Motor Corporation, Kojima Press Industry Co., Ltd. and Howa Plastics Co., Ltd., the parts made from Sorona EP polymers are used on the instrument-panel air-conditioning system outlet. (From a press release on August 24, 2011)

R&D

R&D Expenditure

(in million dollars)
FY ended Dec. 31, 2011 FY ended Dec. 31, 2010
Sales 1,910 1,603
As % of net sales 5.7% 5.8%

R&D Facilities

<Thailand>
-In 2011, the Company announced that it has opened the first Innovation Center for the ASEAN region in Bangkok, Thailand. The new center will focus on developing solutions for various industries including renewable energy. The center is the third in Asia Pacific following the June opening of the Innovation Centers in Korea and Taiwan. (From a press release on August 18, 2011)

<Korea>
-In 2011, the Company announced its plan to open new Innovation Centers in Korea and Taiwan with the first in Asia Pacific. The two Innovation Centers opening in June 2011 include one in Korea, servicing the electronics and automotive industries, and another in Taiwan, focusing on the electronics and communications markets. Beginning in autumn, new Innovation Centers in Thailand and India also will be ready to collaborate with customers around renewable energy. Additional Innovation Centers are planned in Latin America, Europe and North America. (From a press release on June 29, 2011)

<China>
-In 2011, the Company announced the opening of the DuPont Automotive Center to provide one-stop design and application development services for China automotive market. Located at the DuPont China Research & Development Center in Shanghai, the facility enhances the network of global automotive application development centers designed to collaborate on ways to reduce dependence on fossil fuel. (From a press release on April 26, 2011)

Product Developments

Nanofiber-based polymeric battery separator
-In 2011, the Company developed a nanofiber-based polymeric battery separator Energain for hybrid and electric vehicles in 2010. The separator boosts the performance and safety of lithium ion batteries and assists energy efficiency and storage performance. The battery separators can increase power 15 to 30 percent, increase battery life by up to 20 percent. (From a press release on April 4, 2011)

Investment Activities

Investments in USA

-In 2011, the Company said that it will establish a new biofuel plant in Iowa, USA. The facility will manufacture 20 million gallons of cellulosic ethanol a year, which the Company is aiming to commercialize as alternative to gasoline. The Company's first cellulosic ethanol plant for commercial manufacturing is scheduled to go into operation around 2013 or 2014. (From an article in the Nikkan Jidosha Shimbun on October 14, 2011)

-In 2011, the Company announced the start-up of its 500 million dollars Cooper River Kevlar aramid fiber facility near Charleston, South Carolina (U.S.), which is expected to result in an initial 25% increase of overall global production capacity for Kevlar. Ultimately, a 40% increase is expected over the next two years. The Company invested 50 million dollars in Spruance plant in Richmond, Virginia in 2007 to increase Kevlar production. (From a press release on October 7, 2011)