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IHS Chemical: DuPont spinoff represents next step in its strategic transformation into a more stable growth company
4:23 PM MDT | October 30, 2013 | IHS Chemical
DuPont’s July 2013 announcement that it would explore strategic options for its $7-billion/year performance chemicals business unit, as part of its transformation to a “higher growth, less cyclical company,” is a bold, but necessary, strategic move by company leadership, according to new analysis by IHS Chemical. DuPont announced last week that it would spin off the company within 18 months. The move, IHS says, allows DuPont to refocus its resources on core businesses in agriculture and nutrition, as well as biobased and advanced materials, where DuPont has a carved a scientific niche, and businesses that offer both higher margin potential and a more consistent revenue stream....
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