DuPont Combines Businesses

January 2, 2001

Wilmington, Del., (USA) —DuPont recently announced the integration of its apparel, home textiles and related businesses into a new market-focused global organization to be called DuPont Apparel and Textile Sciences. DuPont's LYCRA® (elastane, nylon textile and DACRON®) branded specialties and fiberfill businesses will become a single unit, effective 1 January 2001. The current combined revenue of these businesses is $3 billion.

"Our vision is to create consumer preference and loyalty to help grow our customers' offerings by linking DuPont science with the promise of our brands," said Steven R. McCracken, DuPont group vice president, who will lead the new organization.

According to a company press release, DuPont Apparel and Textile Sciences will provide an integrated market platform that link the marketplace with DuPont technologies. F&FI


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