Accompanying his letter are: summaries of selected acquisitions and alliances; innovation examples through new product commercializations; and 2003 sales figures for the five growth platforms of DuPont.
"Throughout 2003 the ongoing transformation of DuPont continued at a rapid and dramatic pace. We launched a 'new' DuPont, powered by science and focused on growth. Our vision is to be the world's most dynamic science company, creating sustainable solutions essential to a better, safer, healthier life for people everywhere," Chad said.
Chad also highlighted new products for DuPont customers, including: DuPont Zytel® HFN high performance polyamide resins; DuPont HyperCure® primers for automobile refinish; DuPont Fodel® silver conductors for plasma television screens; DuPont Steward® and Avaunt® insecticides; and new composites and laminates for body armor that provides soldiers with more protection at reduced weight.
Our marketing is 'inbound.' We want to know what customer needs will be six months, one year, or two years from now, and customers' answers provide direction for our scientists and engineers," he said.
Chad also commented on the core values of DuPont: safety and health, high ethical standards, environmental stewardship, and respect for people. "I want to emphasize specifically our commitment to safety where we made strong and broad improvements in our performance last year," he said.