DuPont Vice President Expects Strong Global Productivity Gains and Sales Growth

DuPont DD Executive Vice President Jeffrey L. Keefer told analysts at the Oppenheimer 5th Annual Industrials Conference today that the company continues to achieve strong productivity gains and expects $600 million in savings between fixed-cost productivity and restructuring benefits in 2010. Keefer also said DuPont remains well-positioned for continued global growth, with about 60 percent of sales coming from outside the United States the first half of 2010 and emerging markets sales up 32 percent compared to the first half of 2009. Keefer said DuPont's fixed-cost and working capital productivity each delivered $1 billion in 2009. He indicated these ongoing efforts are expected to generate an additional $1 billion each in productivity gains through 2012.