At a conference for investors
here today, DuPont Bio-Based Materials Vice President & General
Manager
John Ranieri said the company’s strategy for growth in
alternative energy technologies is based on a solid product
portfolio and a unique pipeline of new technologies that are
supported by a strong intellectual property estate.
“The world needs new sources
of clean energy now,” Ranieri said. “Alternative energy is
already an important market segment across several of our
commercial product offerings, and we have strong pipelines that
will further drive growth into alternative energy markets.”
DuPont’s broad-based
alternative energy portfolio includes:
Solar Cell
Technologies: DuPont supplies eight of the nine key
materials in a
solar
panel. These products include conductive pastes and
high-performance films that help the panel achieve higher power
output and long life. Ranieri indicated DuPont will invest
approximately $100 million in the continued development of
products and technologies for solar cells and panels.
Biofuels:
Last month
DuPont announced the creation of a Biofuels business unit to
deliver commercial products and pipeline opportunities to the
biofuels market. This business includes the
Pioneer IndustrySelect®
program that is marketing 135 corn hybrids this season to
improve the yield potential of grain ethanol production; the
Integrated BioRefinery research program to develop technologies
to convert entire corn plants and other cellulosic plant
material into ethanol; and a research pipeline to accelerate
commercialization of alternative biofuels technologies. DuPont
sales to biofuels markets have more than doubled over the past
five years to more than $300 million.
Crop Genetics:
“Over the past decade, agricultural biotechnology has emerged as
a high value-driving technology in major crops such as corn,
soybeans and cotton,” Ranieri said. “Given growing market needs
for energy alternatives, energy security and environmental
sustainability, we believe the growth opportunities from
Pioneer’s position as a leader in seed genomics can begin to
meet the growing demand for agricultural feedstocks that will be
used to create new bio-based products.”
Fuel Cells:
DuPont’s product offering includes advanced materials such as
DuPont™ Nafion® perfluorinated membranes, which have been used
in
fuel cells for more than 35 years, as well as
high-performance membrane electrode assemblies (MEAs). DuPont is
active in the development of both hydrogen and direct methanol
fuel cell technology.
DuPont owns one of the world’s
largest patent estates in biotechnology, covering both the
rapidly growing agricultural sector and the emerging industrial
sectors, and currently ranks second among patent holders in this
area.
“The growth potential from the
pipeline outlined today is the result of the company’s
commitment to biotechnology and its market focus to deliver
high-performance products that utilize clean energy
technologies,” said Ranieri.