Manufacturing Industry
DuPont Forms Fuel Cell Business.
Advanced Materials & Composites News, February, 2001
DuPont (NYSE: DD) of Wilmington, Delaware has formed a Fuel Cells business unit to pursue growth in the emerging proton exchange membrane fuel cell market. The company intends to apply its integrated expertise in polymer, coatings and electrochemicals technology to become the leading supplier of materials and components to the emerging worldwide fuel cell market.
DuPont is seeking a strong presence in what it believes will be a $10 billion total market for fuel cells by the year 2010. The formation of DuPont Fuel Cells provides the business platform from which to develop and commercialize technologies from the company's Fluoroproducts, iTechnologies, Engineering Polymers, Corporate R&D, and DuPont Canada organizations. DuPont opened a multi-million-dollar...
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