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  • 1. 2005 DuPont Data Book
  • 2. Contents DuPont Investor Relations 1 DuPont Leadership Carl J. Lukach Vice President DuPont Investor Relations 2 2005 At a Glance (302) 774-0001 4 Corporate Financial Data Corporate Highlights David L. Peet Segment Information Director Consolidated Income Statements (302) 774-1125 Consolidated Balance Sheets Consolidated Statement of Cash Flows Selected Additional Data Christine W. Wei Manager 14 DuPont Core Values: (302) 774-0017 Safety, Health, and the Environment 15 Industries, Regions, and Ingredients Pamela R. Schools 16 DuPont Science & Technology Investor Relations Coordinator (302) 774-9870 18 Business Segments Agriculture & Nutrition Coatings & Color Technologies Electronic & Communication Technologies Performance Materials Safety & Protection Pharmaceuticals DuPont DATA BOOK has been prepared to assist financial analysts, 39 Major Global Sites and Principal Products portfolio managers, and others in understanding and evaluating the company. This book presents graphics, tabular, and other statistical data about the consolidated company and its business segments. The information presented in this book is generally included in, or can be calculated from information included in, previously published company reports on Forms 10K, 10Q, and 8K. Dollars are in millions except per share or where Main Office Number: (302) 774-4994 otherwise indicated. Most notes to financial statements are not included. This information is only a summary and should be read in conjunction with Fax: (302) 773-2631 the company’s audited consolidated financial statements and “Management’s Internet: Discussion and Analysis,” which is located in the 2005 Annual Review on Form 10K filed with the Securities and Exchange Commission. DuPont DATA BOOK is available on the Web at The DuPont Oval Logo, DuPontTM, The miracles of science®, and all products denoted with TM or ® are trademarks or registered trademarks of E.I. du Pont de Nemours and Company or its affiliates. April 2006
  • 3. Board of Senior Directors Leaders Charles O. Holliday, Jr. * Chairman of the Board and Chief Executive Officer Alain J. P. Belda * †† Chairman and Chief Executive Officer, James C. Borel* Terry Caloghiris Thomas M. J. Erik Fyrwald Alcoa Inc. Connelly, Jr.* Senior Vice President Group Vice President Group Vice President Richard H. Brown * †† ††† DuPont Human DuPont Coatings & DuPont Agriculture Senior Vice President Former Chairman and Resources Color Technologies & Nutrition Chief Executive Officer, and Chief Science & Electronic Data Systems Technology Officer Curtis J. Crawford *** † †† President and Chief Executive Officer, XCEO, Inc. John T. Dillon * † †† Retired Chairman and Chief Executive Officer, International Paper; Vice Chairman, Evercore Capital Partners Richard R. Diane H. Gulyas John C. Hodgson* Charles O. Louisa C. Duemling ** *** ††† Goodmanson* Holliday, Jr.* Chief Marketing & Senior Vice President & Retiring in April 2006. Sales Officer Chief Customer Officer Executive Vice President Chairman & Chief Eleuthère (Thère) I. du Pont & Chief Operating Officer Executive Officer President, Wawa, Inc. Lois D. Juliber * † †† Retired Vice Chairman and Chief Operating Officer, Colgate-Palmolive Company Masahisa Naitoh ** ††† Chairman and Chief Executive Officer, The Institute of Energy Economics, Japan Sean O’Keefe ** † W. Donald Johnson Ellen J. Kullman Stacey J. Mobley* Chancellor, Louisiana State University Jeffrey L. Keefer Group Vice President Group Vice President Senior Vice President, William K. Reilly ** *** ††† Group Vice President DuPont Global Operations DuPont Safety Chief Administrative Officer Founding Partner, DuPont Performance Aqua International Partners, LP; & Protection & General Counsel Materials Former Administrator, U.S. Environmental Protection Agency H. Rodney Sharp, III *** † †† Retiring in April 2006. Charles M. Vest ** *** † President Emeritus and Professor of Mechanical Engineering, Massachusetts Institute of Technology Board Committees: Craig G. Naylor Gary M. Pfeiffer* Mathieu Vrijsen † Audit Group Vice President Senior Vice President President †† Compensation DuPont Electronic & & Chief Financial Officer ††† Corporate Governance DuPont Europe, Middle East *** Science and Technology Communication and Africa ** Environmental Policy Technologies * Strategic Direction *Member, Office of the Chief Executive 2005 DuPont Databook 1
  • 4. DuPont 2005 At a Glance During 2005, DuPont maintained its leading position in biotechnology, safety and protection, and crop yield improvement, and continued to execute its three growth strategies while overcoming a number of operational and business challenges. The most significant of these challenges were record-high energy costs and the aftermath of two major hurricanes, Katrina and Rita. Management took actions to increase pricing and improve productivity to offset these cost increases. In addition, management announced acceleration actions to increase shareholder value. January Asia Pacific. The facility, in Shenzhen, DuPont purchased the ISCEON® DuPont and The Dow Chemical Company China, will produce DuPont™ Bynel® and hydrofluorocarbon (HFC) refrigerant announced that Dow elected to acquire DuPont™ Fusabond® adhesive resins. blends business from Rhodia. The ISCEON® certain assets in DuPont Dow Elastomers range of refrigerants comprises non-ozone- DuPont signed a research agreement LLC (DDE) on Dec. 31, 2004. As a result, depleting blends used as a replacement with the National Chemical Laboratory DuPont purchased Dow’s remaining equity for ozone-depleting refrigerants in air (NCL) in Pune, India. The first research interest in DDE. conditioning, cold storage, domestic projects NCL developed were for the refrigeration and process cooling. DuPont donated over $1 million in cash and DuPont Titanium Technologies business. products in response to the earthquake July DuPont increased its equity interest in and tsunami in the Indian Ocean. Magellan Systems International. Magellan The DuPont site in Lerma, Mexico, received DuPont electronic materials helped keep has been working on next generation the Clean Industry Certification from the Mars Rovers operating one year after material in protective applications, M5®, Mexican government for its outstanding landing on Mars. which contains the unique attributes performance and a continuous commitment of strength, stiffness and resistance to to reducing its environmental footprint. February high temperatures. DuPont sites in Corpus Christi, Sabine, The United States Customs and Border DuPont increased its quarterly dividend LaPorte and Bayport, Texas were honored Protection Border Patrol signed a from $.35 to $.37 per share. for their commitment to “Caring for Texas” multi-year agreement with DuPont to by the Texas Chemical Council (TCC) at outfit its agents with protective vests May the organization’s annual meeting. containing new DuPont™ Kevlar® Martin Drigotas, DuPont Automotive Comfort XLT™ technology. August Refrigerants manager, was awarded the DuPont™ Sorona®, the first DuPont U.S. Environmental Protection Agency DuPont Qualicon and Applied Biosystems polymer derived from a biological source, (EPA) Climate Protection Award as a Group announced that they will was recognized by the China State founder of the Improved Mobile Air jointly develop and market new BAX® Intellectual Property Office as the “Most Conditioning Cooperative Research system applications for the food industry. Visionary Innovation.” Program (IMAC). Innovations in DNA technology from Applied Biosystems will provide additional DuPont served as the premier sponsor of DuPont and the Republic of Korea signed capabilities, strain discrimination and other the XVII “World Congress on Safety and an agreement to build a $12 million benefits of great value to the food industry. Health at Work.” nonwovens market development manufacturing facility in the province of DuPont donated Personal Protection March Gyeong-gi, near Seoul. products to agencies supporting Fortune magazine named DuPont #37 on Hurricane Katrina relief and recovery DuPont contributed another $25 million to the 2005 Global Most Admired Companies efforts in Mississippi, Louisiana and continue funding the DuPont MIT All Star list. Alabama. DuPont Personal Protection Alliance (DMA) through 2010. DMA is a products contain Kevlar®, Nomex® and DuPont Aichi Coatings Laboratory research program focused on creating Tyvek® high performance materials; celebrated groundbreaking in Japan. This innovative, next-generation materials. Virkon® S disinfectant; RelyOn™ disinfec- laboratory services the growing coatings tant wipes; and Solae® energy bars and June business with Japanese automakers and soy beverages. facilitates customer approvals of tech- DuPont Senior Vice President and Chief nologies and colors for use worldwide. Science & Technology Officer Thomas M. DuPont celebrated the opening of a new Connelly, Jr. was presented the 2005 solid surfaces manufacturing site in April “Award for Executive Excellence” as part Guangzhou, China. DuPont Packaging & Industrial Polymers of the Chemical Heritage Foundation opened its first copolymer operation in “Heritage Day 2005” ceremonies. 2
  • 5. Photos: (Far left) DuPont received its 7 millionth U.S. patent on an industrial biotechnology process. (Middle) Latin-American farmers increase crop yield with the help of DuPont. (Left) DuPont™ Building Innovations™ provides environmen- tally sustainable building solutions. Stephanie Kwolek, inventor of DuPont™ DuPont was honored with the Working ranked DuPont number 24 among all Kevlar®, was inducted into the National Mother Award and inducted into the companies in the category “World, Women’s Hall of Fame. Working Mother Hall of Fame. Community Commitment.” DuPont acquired 100 percent ownership DuPont announced that it is taking December of DuPont Authentication Systems (DAS) actions to repatriate approximately $9.4 DuPont placed first on BusinessWeek’s from Keystone Technologies, LLC. DAS billion of cash under the American Jobs ranking of “The Top Green Companies.” provides customers with complete overt, Creation Act before year-end. covert and forensic brand authentication DuPont announced that it has selected DuPont initiated a series of actions to and security systems built around its Izon™ Singapore for expected investment in two increase shareholder value and accelerate deep, three-dimensional photopolymer- growth businesses—DuPont™ Zytel® its growth and productivity strategies, based labels. HTN high-performance polyamide and including Capital Deployment, DuPont™ Vespel® parts and shapes. DuPont and Tate & Lyle formed a joint Productivity Advancement and Growth venture to invest $100 million and build a Acceleration, including a $5 billion U.S. Gulf Coast Hurricanes large-scale aerobic fermentation plant in Share Repurchase program. The company has 14 manufacturing Loudon, Tennessee to produce DuPont’s DuPont accelerated efforts to supply plants located in the U.S. Gulf Coast first bio-based material, Bio-PDO™. DuPont™ Virkon® S veterinary disinfectant region that were affected by hurricanes to help prevent avian flu from spreading. Katrina & Rita in 2005. Ten plants had September minimal damage and resumed operations DuPont™ Kevlar® marked its 40th anniver- November quickly. Four plants, two in Mississippi sary with a host of new and emerging Mohawk Industries, Inc. announced a and two in Texas, experienced serious innovations, from an in-home storm new line of residential carpet to the damage to electrical systems, instrument shelter that helps provide protection from flooring industry—SmartStrand™ with controls and computer-based electronic hurricanes and tornadoes, to emerging DuPont™ Sorona® bio-based polymer. process control systems. All sites had ultra-strong protective applications to resumed operations by the end of the support the “soldier of the future.” DuPont signed an agreement for the first quarter 2006. construction of its titanium dioxide plant DuPont was selected as a member of the in Dongying city’s Economic Development Charges of $160 million were recorded in 2006 Dow Jones Sustainability Index. Zone, China. 2005 for cleanup, repair, lost inventories DuPont has been a member since the and other hurricane-related costs. index was launched in 1999. Ellen Kullman, group vice president, DuPont Safety & Protection, was named Following the hurricanes, DuPont declared DuPont made a $1 billion voluntary to Fortune magazine’s annual list of the “force majeure” for several product lines contribution to its principal U.S. Pension 50 Most Powerful Women in Business. of the Coatings and Color Technologies, and Retirement Plan. Safety and Protection and Performance Herculex® XTRA Double-Stack Insect DuPont announced its intention to Materials segments manufactured at four Protection was approved by the United raise prices further for all products in of the impacted sites. Sales lost because States Environmental Protection Agency light of rapidly increasing costs for of these hurricanes were estimated to be (EPA), following the recent registration of energy and feedstocks. $350 million in 2005. Herculex® RW by EPA. DuPont managed through the hurricanes October DuPont Corporate Economist Bob Shrouds while ensuring all employees were safe and Du Pont China Holding Company hosted an and Senior Associate Economist Robert all sites remained environmentally secure. opening for DuPont (Shenzhen) Industrial Fry received the 2005 Lawrence R. Klein Co. Ltd. in Shenzhen Futian Free Trade Award for Blue Chip Forecast Accuracy. DuPont donated over $1.3 million in cash Zone. The opening marked the production and products, and our employees another The 2005 Financial Times startup of two new facilities—DuPont $300,000, to support community relief and PricewaterhouseCoopers’ “World’s Display Enhancements and DuPont Liquid recovery efforts. Most Respected Companies” survey Packaging Systems. 2005 DuPont Databook 3
  • 6. Corporate Financial Data Corporate Highlights (dollars in millions, except per share) 2005 2004 Operating Results Net sales $26,639 $27,340 Income 1 2,053 1,780 Net income (loss) 2,053 1,780 Income before significant items 1 2,329 2,393 Depreciation 1,128 1,124 EBIT 3,876 1,687 EBITDA 5,201 3,000 Cash provided by operating activities 2,542 3,231 Capital expenditures 1,406 1,298 Research and development expense 5 1,336 1,333 Financial Position, Total assets $33,250 $35,632 Year End Working capital 4,959 7,272 Total debt 8,180 6,485-6 Stockholders’ equity 8,907 11,377 Data Per Common Share Income 1, 7 $2.07 $1.77 Net income (loss) 7 $2.07 $1.77 Income before significant items 1, 7 $2.34 $2.38 Dividends $1.46 $1.40 Market price – year-end close $42.50 $49.05 high-low range $54.90 – $37.60 $49.39 – $39.88 Book value at year-end $9.43 $11.20 Average number of shares (millions) – diluted 989 1,003 Shares outstanding – year-end (millions) 920 994 Ratios Total stockholder return (10.4)% 9.9% Dividend yield 8 3.4% 2.9% Share price (decrease) increase (13.4)% 6.9% P/E on income before significant items 1, 8 18 21 Dividend payout, as percentage of earnings per share before significant items 1 62.4% 58.8% Return on average stockholders’ equity before significant items 1 20.6% 23.0% Return on average investors’ capital before significant items 1 12.7% 12.3% Asset Turnover Ratio 80% 77% Cash provided by operating activities as percentage of total debt 6 31.1% 49.8% Debt to total capital 6 46.5% 34.2% Interest coverage ratio 10 11.1 11.5 Current ratio 6 1.7 1.9 Exchange Loss – net of tax $ (38) $ (51) Employees Number of employees – year-end (thousands) 60 60 1 Before cumulative effect of changes in accounting principles. 6 Includes related assets and/or liabilities classified as held for sale within the 2 Includes a cumulative effect of a change in accounting principle charge of $29 and Consolidated Balance Sheet. $0.03 per share (diluted). 7 Diluted, based on average number of common shares. 3 Includes a cumulative effect of a change in accounting principle charge of $2,944 and 8 Based on year-end share price. $2.95 per share (diluted). 9 Ratio excludes increase in tax payments related to sale of DuPont Pharmaceuticals. 4 Includes a cumulative effect of a change in accounting principle benefit of $11 and 10 Income before significant items and income taxes, plus the sum of interest expense $.01 per share (diluted). and amortization of capitalized interest less interest income, divided by the sum of 5 Excludes purchased in-process research and development. interest expense and capitalized interest less interest income. Use of Non-GAAP Measures Management believes that measures of earnings before significant items (“non-GAAP” information) are meaningful to investors because they provide insight with respect to ongoing operating results of the company. Significant items represent significant charges or credits that are important to an understanding of the company’s ongoing operations. The use of other non-GAAP financial measures includes Earnings before Interest, Income Taxes and Minority Interests (“EBIT”), as defined by the company, and Earnings before Interest, Income Taxes, Minority Interests, Depreciation and Amortization (“EBITDA”), which are intended to help investors to better evaluate the financial results of the company. Certain non-GAAP measures have been adjusted to best reflect the on-going performance of the company and are identified in the reconciliations. Such measures are not recognized in accordance with generally accepted accounting principles in the United States of America (GAAP) and should not be viewed as an alternative to GAAP measures of performance. A reconciliation of non-GAAP measures to GAAP is provided on the Web at For complete details of significant items, see DuPont’s quarterly earnings news releases. 4
  • 7. 2003 2002 2001 Cash Provided By Earnings Per Share – Diluted Operating Activities Before Significant Items $26,996 $24,006 $24,726 1,002 1,841 4,328 (dollars) (dollars in millions) 973-2 (1,103) 3 4,339-4 $3.00 $3,500 1,669 2,009 1,251 $2.50 1,355 1,297 1,320 $2,800 407 2,343 7,302 $2.00 1,938 3,799 8,995 $2,100 $1.50 2,589 2,439 2,454 $1,400 1,784 1,416 1,634 $1.00 1,349 1,264 1,588 $700 $0.50 $37,039 $34,621 $40,319 5,419 6,363 6,734 2001 2002 2003 2004 2005 2001 2002 2003 2004 2005 10,479-6 6,832 6,814 9,781 9,063 14,452 $0.99 $1.84 $4.15 Cash Returned to Shareholders $0.96-2 $(1.11)-3 $4.16-4 $1.66 $2.00 $1.19 (dollars in millions) $1.40 $1.40 $1.40 Share Repurchase $6,000 $45.89 $42.40 $42.51 Dividends $46.00 – $34.71 $49.80 – $35.02 $49.88 – $32.64 $5,000 $9.57 $8.88 $14.20 $4,000 1,000 999 1,041 997 994 1,002 $3,000 11.5% 3.0% (9.1)% 3.1% 3.3% 3.3% $2,000 8.2% (0.3)% (12.0)% $1,000 28 21 36 2001 2002 2003 2004 2005 84.3% 70% 117.6% 17.9% 17.4% 9.4% 9.0% 10.6% 6.8% Five-Year Performance 2001 – 2005 73% 69% 61% 24.7% 65.1%-9 36.0% Stockholder Return DuPont S&P 500 50.3% 37.3% 28.8% Dividend Yield1 3.2% 1.6% 7.9 9.7 4.7 1.2 1.9 1.8 Share Price Annual Appreciation2 (2.5)% (1.1)% $ (3) $ (99) $ (15) 81 79 79 Total Annual Return2, 3 0.7% 0.5% Dividend Growth2 0.8% 6.4% Ten-Year Performance 1996 – 2005 Stockholder Return DuPont S&P 500 Dividend Yield1 2.8% 1.5% Share Price Annual Appreciation2 2.0% 7.3% Total Annual Return2, 3 4.9% 9.1% Dividend Growth2 3.7% 4.6% 1. Average annual dividend yield based on year-end stock price over the period shown. 2. Compounded annual growth rate over the period shown. 3. Includes reinvestment of dividends. 2005 DuPont Databook 5
  • 8. Corporate Financial Data Segment Information (dollars in millions) 2005 2004 2003 Segment Sales 1 Agriculture & Nutrition $ 6,394 $ 6,244 $ 5,468 Coatings & Color Technologies 6,234 6,028 5,503 Electronic & Communication Technologies 3,506 3,279 2,892 Performance Materials 4 6,750 6,633 5,376 Safety & Protection 5,230 4,696 4,077 Textiles & Interiors 5 N/A 3,250 6,937 Other 52 44 15 Total segment sales 28,166 30,174 30,268 Elimination of transfers (294) (553) (940) Elimination of equity affiliate sales (1,233) (2,281) (2,332) Net sales $26,639 $27,340 $26,996 Segment Pretax Operating Income – Before Significant Items Agriculture & Nutrition $ 862 $ 803 $ 607 Coatings & Color Technologies 677 814 731 Electronic & Communication Technologies 484 367 181 Performance Materials 531 630 410 Pharmaceuticals 751 681 548 Safety & Protection 1,002 907 805 Textiles & Interiors N/A 142 (1) Other (117) (139) (143) Total segment pretax operating income – before significant items 4,190 4,205 3,138 Exchange gains and losses 445 (411) (220) Corporate expenses and interest (1,049) (932) (930) Income before significant items, income taxes, and minority interests 2 3,586 2,862 1,988 Net significant items 3 (28) (1,420) (1,845) Income before income taxes and minority interests 2 $ 3,558 $ 1,442 $ 143 1 Sales include transfers and pro rata share of equity affiliate sales. 2 Before cumulative effect of changes in accounting principles. 3 For complete details of significant items, see DuPont’s quarterly earnings news releases. 4 Performance Materials 2004 sales include the benefit from the consolidation of DuPont Dow Elastomers (DDE) in April 2004. 5 Textiles & Interiors 2004 sales reflect the divestiture of INVISTA in April 2004. DuPont’s Share of DuPont’s Share of Equity Affiliate Sales Equity Affiliate Earnings 2005 2004 2003 2005 2004 2003 Equity Affiliate Analysis Agriculture & Nutrition $ 76 $ 79 $ 152 $ (2) $ (4) $ (7) Coatings & Color Technologies 27 46 71 1 3 3 Electronic & Communication Technologies 251 284 233 37 29 8 Performance Materials 794 876 1,143 29 (100)-1 9 Safety & Protection 85 64 58 17 13 14 Textiles & Interiors N/A 932 675 N/A 71 (277)-2 Other – – – 9 (2) – Total segments $1,233 $2,281 $2,332 $ 91 $ 10 $ (250) 1 Includes a charge of $150 for antitrust litigation matters associated with DuPont Dow Elastomers LLC which was accounted for as an equity affiliate until April 30, 2004. 2 Includes impairment charge of $293 in connection with the planned separation of INVISTA. 6
  • 9. 2005 2004 1st 2nd 3rd 4th Full Yr. 1st 2nd 3rd 4th Full Yr. Segment Sales 1 Agriculture & Nutrition $ 2,356 $2,102 $ 997 $ 939 $ 6,394 $ 2,201 $ 2,076 $ 969 $ 998 $ 6,244 Coatings & Color Technologies 1,536 1,640 1,545 1,513 6,234 1,417 1,560 1,476 1,575 6,028 Electronic & Communication Technologies 854 933 875 844 3,506 816 845 815 803 3,279 Performance Materials 1,785 1,836 1,539 1,590 6,750 1,519 1,703 1,672 1,739 6,633 Safety & Protection 1,282 1,388 1,268 1,292 5,230 1,089 1,169 1,185 1,253 4,696 Textiles & Interiors N/A N/A N/A N/A N/A 1,883 826 286 255 3,250 Other 12 13 14 13 52 12 13 12 7 44 Total segment sales $ 7,825 $7,912 $6,238 $6,191 $28,166 $ 8,937 $ 8,192 $ 6,415 $ 6,630 $30,174 Segment Pretax Operating Income – Before Significant Items Agriculture & Nutrition $ 757 $ 511 $ (134) $ (272) $862 $ 631 $ 482 $ (183) $ (127) $ 803 Coatings & Color Technologies 166 194 155 162 677 189 214 179 232 814 Electronic & Communication Technologies 105 163 129 87 484 92 87 97 91 367 Performance Materials 211 187 79 54 531 156 171 160 143 630 Pharmaceuticals 159 192 197 203 751 148 174 173 186 681 Safety & Protection 231 283 278 210 1,002 231 234 216 226 907 Textiles & Interiors N/A N/A N/A N/A N/A 150 15 (14) (9) 142 Other (21) (32) (13) (51) (117) (33) (48) (25) (33) (139) Total segment pretax operating income – before significant items 1,608 1,498 691 393 4,190 1,564 1,329 603 709 4,205 Exchange gains and losses 111 183 71 80 445 (13) (76) (22) (300) (411) Corporate expenses and interest (225) (240) (266) (318) (1,049) (213) (229) (226) (264) (932) Income before significant items 2 1,494 1,441 496 155 3,586 1,338 1,024 355 145 2,862 Pretax Impact of Significant Items 2 Textiles & Interiors – related items – 39 – – 39 (345) (183) (102) (37) (667) DDE – related items – 3 – – 3 – – – (118) (118) Employee separation activities and asset impairment charges – – – – – – (433) – 22 (411) Hurricane losses – – (146) – (146) – – – – – Sale of Photomasks stock – 48 – – 48 – – – – – Litigation costs – – – – – (186) (45) (63) 20 (274) Other – 28 – – 28 – – 35 15 50 Net impact of significant items 0 118 (146) 0 (28) (531) (661) (130) (98) (1,420) Income before income taxes and minority interests $ 1,494 $ 1,559 $ 350 $ 155 $ 3,558 $ 807 $ 363 $ 225 $ 47 $ 1,442 2005 2004 1st 2nd 3rd 4th Full Yr. 1st 2nd 3rd 4th Full Yr. Earnings Per Share of Common Stock – Diluted 3 Income before significant items $ 0.96 $ 0.90 $ 0.33 $ 0.13 $ 2.34 $ 0.96 $ 0.80 $ 0.25 $ 0.37 $ 2.38 Significant items 0.00 0.11 (0.42) 0.03 (0.27) (0.30) (0.30) 0.08 (0.09) (0.61) Income (loss) $ 0.96 $ 1.01 $ (0.09) $ 0.16 $ 2.07 $ 0.66 $ 0.50 $ 0.33 $ 0.28 $ 1.77 1 Sales include transfers and pro rata share of equity affiliate sales. 2 For complete details of significant items, see DuPont’s quarterly earnings news releases. 3 Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations. 2005 DuPont Databook 7
  • 10. Corporate Financial Data Consolidated Income Statements (dollars in millions, except per share) For the year ended December 31 2005 2004 2003 2002 2001 Net sales $26,639 $27,340 $26,996 $24,006 $24,726 Other income, net 1 1,852 655 734 516 644 Total 28,491 27,995 27,730 24,522 25,370 Cost of goods sold and other operating charges 19,701 20,416 20,759 17,529 17,980 Selling, general and administrative expenses 3,223 3,141 3,067 2,763 2,992 Amortization of intangible assets 230 223 229 218 434 Research and development expense 1,336 1,333 1,349 1,264 1,588 Interest expense 518 362 347 359 590 Employee separation activities and asset impairment charges (credits) (13) 411 (17) 290 1,078 Separation activities – Textiles & Interiors (62) 667 1,620 – – Goodwill impairment – Textiles & Interiors – – 295 – – Gain on sale of interest by subsidiary – nonoperating – – (62) – – Gain on sale of DuPont Pharmaceuticals – – – (25) (6,136) Total 24,933 26,553 27,587 22,398 18,526 Income before income taxes and minority interests 3,588 1,442 143 2,124 6,844 Provision for (benefit from) income taxes 1,468 (329) (930) 185 2,467 Minority interests in earnings (losses) of consolidated subsidiaries 37 (9) 71 98 49 Income before cumulative effect of changes in accounting principles 2,053 1,780 1,002 1,841 4,328 Cumulative effect of changes in accounting principles, net of income taxes – – (29) (2,944) 11 Net income (loss) $ 2,053 $ 1,780 $ 973 $ (1,103) $ 4,339 Diluted earnings (loss) per share of common stock Income before cumulative effect of changes in accounting principles $ 2.07 $ 1.77 $ 0.99 $ 1.84 $ 4.15 Cumulative effect of changes in accounting principles – – (0.03) (2.95) .01 Net income (loss) $ 2.07 $ 1.77 $ 0.96 $ (1.11) $ 4.16 1 Other income, net: Cozaar®/Hyzaar® income $ 747 $ 675 $ 573 $ 469 $ 321 Royalty income 130 151 141 128 155 Interest income, net of miscellaneous interest expense 244 188 70 97 146 Equity in (losses) earnings of affiliates 108 (39) 10 36 (43) Net gains on sales of assets 82 28 17 30 47 Net exchange gains (losses)* 423 (391) (134) (294) (29) Miscellaneous income and expenses – net 118 43 57 50 47 Total Other income, net $ 1,852 $ 655 $ 734 $ 516 $ 644 * 2005 includes net pretax exchange gains of $423; 2004 and 2003 include net pretax exchange losses of $391 and $164, respectively, which resulted from hedging an increased net monetary asset position and a weakening U.S. dollar. These pretax gains and losses are largely offset by associated tax benefits. See pages 4 and 5 for Exchange Loss, net of tax. 8
  • 11. Consolidated Balance Sheets (dollars in millions) December 31 2005 2004 2003 2002 2001 Assets Current assets Cash and cash equivalents $ 1,736 $ 3,369 $ 3,273 $ 3,678 $ 5,763 Marketable debt securities 115 167 25 465 85 Accounts and notes receivable, net 4,801 4,889 4,218 3,884 3,903 Inventories 4,743 4,489 4,107 4,409 4,215 Prepaid expenses 199 209 208 175 217 Income taxes 828 1,557 1,141 848 618 Assets held for sale – 531 5,490 – – Total current assets 12,422 15,211 18,462 13,459 14,801 Property, plant and equipment 24,963 23,978 24,149 33,732 33,778 Less: Accumulated depreciation 14,654 13,754 14,257 20,446 20,491 Net property, plant and equipment 10,309 10,224 9,892 13,286 13,287 Goodwill 2,087 2,082 1,939 1,167 3,746 Other intangible assets 2,684 2,848 2,986 3,109 3,151 Investment in affiliates 844 1,034 1,304 2,047 2,045 Other assets 4,904 4,233 2,456 1,553 3,289 Total $33,250 $35,632 $37,039 $34,621 $40,319 Liabilities and Stockholders’ Equity Current liabilities Accounts payable $ 2,819 $ 2,661 $ 2,341 $ 2,636 $ 2,176 Short-term borrowings and capital lease obligations 1,397 936 5,914 1,185 1,464 Income taxes 280 192 60 47 1,295 Other accrued liabilities 2,967 4,054 3,034 3,228 3,132 Liabilities held for sale – 96 1,694 – – Total current liabilities 7,463 7,939 13,043 7,096 8,067 Long-term borrowings and capital lease obligations 6,783 5,548 4,301 5,647 5,350 Other liabilities 8,441 8,692 8,909 9,829 8,447 Deferred income taxes 1,166 966 508 563 1,579 Total liabilities 23,853 23,145 26,761 23,135 23,443 Minority interests 490 1,110 497 2,423 2,424 Stockholders’ equity 8,907 11,377 9,781 9,063 14,452 Total $33,250 $35,632 $37,039 $34,621 $40,319 2005 DuPont Databook 9
  • 12. Corporate Financial Data Consolidated Statements of Cash Flows (dollars in millions) For the year ended December 31 2005 2004 2003 2002 2001 Operating activities Net income (loss) $ 2,053 $1,780 $ 973 $(1,103) $4,339 Adjustments to reconcile net income (loss) to cash provided by operating activities: Cumulative effect of changes in accounting principles – – 29 2,944 (11) Depreciation 1,128 1,124 1,355 1,297 1,320 Amortization of intangible assets 230 223 229 218 434 Separation activitites – Textiles & Interiors (62) 667 1,620 – – Goodwill impairment – Textiles & Interiors – – 295 – – Contributions to pension plans (1,253) (709) (460) (172) (171) Gain on sale of DuPont Pharmaceuticals – – – (25) (6,136) Other operating activities – net (388) 774 334 833 1,000 (Increase) decrease in operating assets: Accounts and notes receivable (74) (309) (852) 468 435 Inventories and other operating assets 203 569 335 (304) (191) Increase (decrease) in operating liabilities: Accounts payable and other operating liabilities (408) (28) (51) (158) (408) Accrued interest and income taxes 1,113 (860) (1,218) (1,559) 1,843 Cash provided by operating activities 2,542 3,231 2,589 2,439 2,454 Investing activities Purchases of property, plant and equipment (1,340) (1,232) (1,713) (1,280) (1,494) Investments in affiliates (66) (66) (71) (136) (140) Payments for businesses net of cash acquired (206) (119) (1,527) (697) (78) Proceeds from sale of assets, net of cash sold 312 3,908 17 74 8,051 Purchase of beneficial interest in securitized trade receivables – – (445) – – Maturity/repayment of beneficial interest in securitized trade receivables – – 445 – – Net decrease (increase) in short-term financial instruments 36 (137) 458 (318) (2) Forward exchange contract settlements 653 (509) (631) (264) 93 Other investing activities – net 9 91 92 29 (117) Cash (used for) provided by investing activities (602) 1,936 (3,375) (2,592) 6,313 Financing activities Dividends paid to stockholders (1,439) (1,404) (1,407) (1,401) (1,460) Net (decrease) increase in short-term (less than 90 days) borrowings (494) (3,853) 3,792 607 (1,588) Long-term and other borrowings: Receipts 4,311 1,601 553 934 904 Payments (2,045) (1,555) (954) (1,822) (2,342) Acquisition of treasury stock (3,530) (457) – (470) (1,818) Proceeds from exercise of stock options 359 197 52 34 153 Increase in minority interests – – – – 1,980 Redemption of minority interest structures – – (2,037) – – Other financing activities – net (13) (79) 32 – – Cash (used for) provided by financing activities (2,851) (5,550) 31 (2,118) (4,171) Net cash flow from discontinued operations 1 – – – – (110) Effect of exchange rate changes on cash (722) 404 425 186 (263) (Decrease) increase in cash and cash equivalents $(1,633) $ 21 $ (330) $(2,085) $4,223 Cash and cash equivalents at beginning of year 3,369 3,348 3,678 5,763 1,540 Cash and cash equivalents at end of year $ 1,736 $3,369 $3,348-2 $ 3,678 $5,763 Supplemental cash flow information: Cash paid during the year for Interest, net of amounts capitalized $ 496 $ 366 $ 357 $ 402 $ 641 Taxes 355 521 278 1,691 456 1 Includes payments of direct expenses related to the Conoco divestiture. 2 Includes cash classified as assets held for sale within the Consolidated Balance Sheet. 10
  • 13. Selected Additional Data 2005 2004 2003 2002 2001 Effective Income Tax Rate Statutory U.S. federal income tax rate 35.0% 35.0% 35.0% 35.0% 35.0% Exchange gains/losses 1 9.4 (14.9) (85.5) (5.6) 0.2 The American Jobs Creation Act (AJCA) 2 8.2 – – – – Lower effective tax rates on international operations – net (7.5) (20.8) (149.3) (13.8) (1.0) Domestic operations (1.4) 1.2 (49.2) (1.7) 1.0 Tax settlements (1.4) (9.5) – – – Lower effective tax rate on export sales (1.0) (3.3) (23.8) (2.2) (0.6) DDE Litigation – 5.2 – – – Separation charges – Textiles & Interiors – (6.2) 83.8 – – Tax basis investment losses on foreign subsidiaries 3 – (9.5) (467.5) – – State taxes – – 6.2 (0.7) 1.4 Postemployment costs – – – (2.3) – Effective income tax rate 41.3% (22.8)% (650.3)% 8.7% 36.0% 1 Principally reflects the benefit of non-taxable exchange gains resulting from remeasurement of foreign currency denominated monetary assets and liabilities. 2 Reflects the tax impact with the repatriation of $9.1 billion under AJCA. 3 Reflects recording deferred tax assets in two European subsidiaries for tax basis investment losses to be recognized on local tax returns. 2005 2004 2003 2002 2001 As a percentage of net sales: Cost of goods sold and other operating charges 74% 75% 77% 73% 73% Selling, general and administrative expenses 12 11 11 12 12 Research and development expenses 5 5 5 5 6 Income before significant items 9 9 6 8 5 Cash provided by operating activities 10 12 10 10 10 Selected Additional Data Annual percent change in net sales versus prior year* 5% 11% 9% 1% (10)% Portion due to U.S. dollar selling prices 6 5 4 (3) (2) Portion due to volume and mix* (1) 6 5 4 (8) Average manufacturing capacity utilization 82% 84% 80% 81% 78% * Percentage changes are calculated using sales adjusted to exclude current-year sales from acquisitions when there are no comparable prior-year sales, and to exclude prior-year sales of businesses that have been divested. Percentage changes in 2004 and 2005 are adjusted for changes in ownership of DuPont Dow Elastomers LLC. 2005 DuPont Databook 11
  • 14. Corporate Financial Data Selected Additional Data (dollars in millions, except per share) 2005 2004 2003 Financial Results by Quarter Net sales 1st $ 7,431 $ 8,073 $ 7,008 2nd 7,511 7,527 7,369 3rd 5,870 5,740 6,142 4th 5,827 6,000 6,477 Total $26,639 $27,340 $26,996 Income before significant items 1 1st $ 967 $ 964 $ 615 2nd 904 805 623 3rd 333 253 135 4th 125 371 296 Total $ 2,329 $ 2,393 $ 1,669 Earnings before significant items per share of common stock – diluted 1, 2 1st $ 0.96 $ 0.96 $ 0.61 2nd 0.90 0.80 0.62 3rd 0.33 0.25 0.13 4th 0.13 0.37 0.29 Total $ 2.34 $ 2.38 $ 1.66 Fixed cost as a percentage of sales 1st 40.0% 41.9% 44.3% 2nd 40.5% 42.2% 44.8% 3rd 48.9% 48.9% 53.2% 4th 51.2% 48.9% 51.0% Total 44.6% 45.2% 48.0% 1 Before cumulative effect of changes in accounting principles. 2 Earnings per share for the year may not equal the sum of quarterly earnings per share due to changes in average share calculations. Base Income Tax Rate 2005 2004 2003 Full Year 23.5% 25.0% 21.0% Net Sales Outside the United States as a Percentage of Sales 2005 2004 2003 Agriculture & Nutrition 55% 55% 53% Coatings & Color Technologies 69 68 66 Electronic & Communication Technologies 63 64 58 Performance Materials 60 59 58 Safety & Protection 42 40 39 Textiles & Interiors N/A 57 55 Total 58% 57% 55% Exports from the United States 2005 2004 2003 Net sales (dollars in millions) $6,575 $6,393 $5,226 As a percentage of net sales 25% 23% 19% 12
  • 15. Selected Additional Data Price and Volume* Change Summary DuPont Sales Volume – Worldwide DuPont Local Selling Prices – Worldwide 8 106 12 10 110 6 104 8 6 4 102 105 4 2 101 2 0 100 0 100 -2 -2 99 -4 95 -6 -4 98 -8 -6 97 -10 90 2001 2002 2003 2004 2005 2001 2002 2003 2004 2005 Yr/Yr % Change (Left) Index 4qma (1999=100 Right) Yr/Yr % Change (Left) Index 4qma (1999=100 Right) Sales Volume % Change 2005 Sales Volume % Selling Price % Change 2005 Selling Price % from Prior Year* Change from Prior Year from Prior Year Change from Prior Year Year Worldwide Qtr Worldwide Year Worldwide Qtr Worldwide USD Local USD Local 2001 (8) 1st 2 2001 (2) 0 1st 7 5 2002 6 2nd – 2002 (2) (3) 2nd 8 6 2003 4 3rd (1) 2003 5 0 3rd 6 4 2004 6 4th (4) 2004 5 2 4th 4 5 2005 (1) Year (1) 2005 6 5 Year 6 5 * Price and volume changes are as a percentage of net sales excluding Textiles & Interiors. Volume percentage changes are calculated using sales adjusted to exclude current-year sales from acquisitions when there are no comparable prior-year sales and to exclude prior-year sales of businesses that have been divested. Local Price and Variable Costs Impact – year over year on an after tax basis (dollars in millions) 2005 2004 1st 2nd 3rd 4th 1st 2nd 3rd 4th Local price 245 310 155 205 35 45 115 190 Variable costs (190) (200) (120) (275) (110) (90) (95) (110) Net impact on income 55 110 35 (70) (75) (45) 20 80 2005 DuPont Databook 13
  • 16. DuPont Core Values: Safety, Health, and the Environment Throughout its history, DuPont has been guided Major Safety, Health and Environmental Incidents by a well-defined set of core values that have 20 remained constant as DuPont grew from its origins as an explosives company to the global science company it is today. Safety and health, 15 environmental stewardship, high ethical standards, and respect for people remain the values of DuPont. They are practiced everywhere the 10 company does business. All our operations around the world are held to the same standards. We summarize here our progress on major safety, 5 health and environmental incidents, and global greenhouse emissions. Detailed economic, environmental, and social performance data 0 is available in the Global Reporting Initiative format, on the Social Commitment page of 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 A major safety, health and environmental incident is a significant fire, environmental, process, or transportation incident. Global Greenhouse Gas Emissions 100 80 60 40 20 0 1996 1997 1998 1999 2000 2001 2002 2003 2004 All years adjusted to reflect Invista divestiture. Data indicate a 60% reduction of greenhouse gases (Kyoto basis) since 1990. Inclusive of Invista, DuPont achieved a 72% reduction below the 1990 baseline. Six Sigma Six Sigma Focus 2005 was the sixth full year of implementation of Projects DuPont Six Sigma across the company. We are 43% 57% seeing the impact of our efforts in both the growing number of employees trained and in the Manufacturing Operations Improvements financial results from projects in all businesses, Transactional Processes/Top Line Growth regions, and functions. We have trained over 20,000 employees as either Master Black Belts, Benefits Black Belts, or Green Belts. Projects completed in 74% 26% 2005 alone have delivered over $900 million in pretax annualized benefits. In 2005, we continued Reduced Costs expanding Six Sigma projects to improve enterprise Opportunities for Increased Revenue wide end-to-end processes such as supply chain. 14
  • 17. Industries, Regions, and Ingredients 2005 Sales by Major Industry (percentage of total company) 20 15 10 5 0 g hings aging OEM ging ls rel ment nces trial tion gs inery al ics raft r e are ls ls Pape Minin h Car ateria ateria ria hemic Coatin /Appa Plast nal C /Airc roduc Indus acka Mate icle— pplia Equip Mach Furnis Pack Healt tion/M tion/M etroc e Perso e &P hicle -P A spac Textil Other ronic r Veh arts & rical rical ulture Home efrig ical/P struc struc or Ve Aero Elect Elect Moto Elect icle P Agric ed, R Chem l Con l Con t et Mo r Veh , Ingr entia ercia mark Moto Food Resid Comm After 2005 Net Sales by Region* Geographic Information 2005 2004 2003 (dollars in millions) Net Sales % of Total Net Sales % of Total Net Sales % of Total United States $11,129 42% $10,684 42% $9,555 45% Western Europe 6,500 24 6,410 26 5,336 25 Eastern Europe, Middle East & Africa 1,186 5 1,112 4 848 4 Asia Pacific (excluding Greater China) 2,921 11 2,785 11 2,053 9 Greater China 1,589 6 1,364 5 1,037 5 Canada & Latin America 3,298 12 2,877 12 2,493 12 Total $26,623 100% $25,232 100% $21,322 100% * Excludes Net Sales from divested Textiles & Interiors businesses. Total Variable Cost of Goods Top Purchased Energy and Raw Materials (for scale only) a Primary Uses a. Natural Gas .................... Various b b. Titanium Ores ................. Titanium Technologies c c. Ethane .............................. Packaging Polymers Contract Manufacturing, d. Electricity ........................ Various Services and Others d e. Active Ingredients ......... Ag and Nutrition f. Pigments ......................... Performance Coatings Packaging & Logistics e g. Adipic acid ...................... Engineering Polymers f h. HMD ................................. Engineering Polymers i. Solvents .......................... Performance Coatings g Top Purchased Energy and Raw Materials j. Chlorine ........................... Titanium Technologies h k. Steam .............................. Various i Other Major Purchased l. Solid Resins .................... Performance Coatings Energy and Raw Materials j m. Benzene .......................... Chemical Solutions k l n. DMT ................................. Packaging Polymers m n o. Isocyanates .................... Performance Coatings o 2005 DuPont Databook 15
  • 18. DuPont Science & Technology DuPont Science & Technology provides technologies and transformational options for new and existing businesses, building on a long, rich legacy of leading science and innovation. Our focus is on connecting our unique technology insight and foresight with keen market insight and foresight to deliver solutions that make peoples’ lives better, safer, and healthier. In 2005 we commercialized over 1000 new products with strong representation from all five growth platforms. Products commercialized over the last five Thomas M. Connelly years accounted for 33% of our total revenue. Senior Vice President and Chief Science & Technology Officer DuPont’s Innovation Pipeline is Strong and Getting Stronger U.S. Patent Filings Patent Filings/R&D $ 1800 250 225 1600 200 1400 175 1200 150 1000 125 800 100 75 600 2000 2001 2002 2003 2004 2005 2000 2001 2002 2003 2004 2005 Index: '00 = 100 Sales From Products Commercialized in Last Five Years Growth Revenue From Products Commercialized in Last Five Years (Net of Cannibalization) 9000 3500 8000 3000 7000 2500 6000 2000 5000 1500 4000 1000 2000 2001 2002 2003 2004 2005 2002 2003 2004 2005 Dollars in millions Dollars in millions 16
  • 19. Key Competencies Key Deliverables Key Markets Plant genetics High performance polymers New products Agriculture & Nutrition Industrial biotechnology Fluorine chemistry Improved products Bio-Based Materials Crop chemistry Photo active materials Patents (unique technology) Coatings & Color Nutrition science Precision patterning New processes Electronics & Communication Particle science & dispersion Materials science Global reach Performance Materials Colorants and color measurement World class safety technology Sustainable growth Safety & Protection Bio-Based Materials; A New Corporate Technology Platform DuPont’s Bio-Based Materials technology platform, working with business units across the company, is focused on the development and commercialization of biotechnology solutions for a range of industries including energy, chemicals, materials, personal care, and biomedical applications. Bio-Based Materials uses biology, chemistry, materials science, and engineering in an integrated fashion to better serve our customers. Bio-Based Materials develops products using: 1. Integrated science, enabling higher value solutions that individual disciplines (such as chemistry) cannot. 2. Cleaner manufacturing processes utilizing renewable resources (such as entire corn plants), that have the potential to significantly reduce the world’s dependence on oil. DuPont™ Sorona® polymer, the newest polymer innovation from DuPont, is the starting point for our commercialization of bio-based materials. Bio-PDO™, the key ingredient in Sorona® polymer, is derived through a biological process using corn sugar. A joint venture was formed with Tate & Lyle, PLC in 2004 to construct the first commercial scale plant to manufacture Bio-PDO™. This new plant (Figure 1) will begin production in the second half of 2006. It will be the world’s largest commercial aerobic fermentation facility and will produce product from a renewable resource, corn, using 40% less energy than needed to produce a petroleum based equivalent. We are producing Sorona® polymer and are licensing the technology to others to accelerate its adoption globally in the textile and U.S. residential carpet industries. Through a partnership with Figure 1 (top photo): First Mohawk Industries, SMARTSTRAND™ made with DuPont™ Sorona® polymer (Figure 2) commercial scale Bio-PDO™ residential carpet is available in stores now. plant, a joint venture between DuPont and Tate & Lyle, PLC is In the energy arena, the Integrated Corn-Based BioRefinery research program, a $38 million expected to begin production joint project with the U.S. Department of Energy, is making great progress toward the design of later in 2006. a bio-refinery to use cellulose-derived resources to produce a host of valuable fuels and Figure 2 (bottom photo): The first value-added chemicals. In more specialized areas, our scientists are using biotechnology tools line of residential carpet made to develop safer, more effective solutions for a variety of personal care and medical applications. with DuPont™ Sorona® polymer. We expect these business opportunities to be commercial in the next three to seven years. DuPont Bio-Based Materials platform enables Rich Bio-Based Materials Pipeline technology and IP leverage in all four areas. Sorona® ext Energy Bio-PDO™ ext Polyols Biofuel III Sorona® ext BioRefinery Bio-PDO™ ext Oil Recovery Materials Polyols Sealant Dental II Interventional II Market Sorona® ext Biofuels I & II Adhesives Size Bio-PDO™ ext Personal Care II Home & Personal Care Polyols Sealant Surfaces Dental I Interventional I Biofuels I Personal Care I Sorona® Medical Bio-PDO™ 2006 2008 2010 2012 Value/Unit 2005 DuPont Databook 17
  • 20. DuPont Agriculture & Nutrition Increasing the quality, quantity, and safety of the global food supply by leveraging DuPont strengths in biology, chemistry, and biotechnology with our knowledge of the food value chain. The platform businesses hold a broad portfolio of brands, such as Pioneer® seeds, Solae™ soy protein, and BAX® pathogen screening, as well as recognized brands of insecticides, fungicides, and high-value, low-use-rate herbicides. Innovation targets address improving grower productivity and creating new J. Erik Fyrwald innovative sources of food and feed ingredients, energy, and materials. Group Vice President Growth Platform Leaders James C. Collins Douglas W. Muzyka Dean C. Oestreich Tony Arnold Vice President/ Vice President/ President President & CEO General Manager General Manager Pioneer Hi-Bred The Solae Company DuPont Crop Protection DuPont Nutrition International, Inc. & Health Overview (dollars in millions) 2005 2004 2003 Segment sales $6,394 $6,244 $5,468 Pretax operating income – Less transfers _ _ – before significant items Less equity affiliate sales (76) (79) (152) Net sales 6,318 6,165 5,316 (dollars in millions) $1,000 Pretax operating income 862 769 671 Pretax operating income – before significant items 862 803 607 $800 Research and development 588 547 509 Depreciation and amortization 443 434 425 $600 Equity in earnings of affiliates (2) (4) (7) Provision for income taxes 85 100 124 $400 Segment net assets 6,084 6,318 6,508 $200 Affiliate net assets 41 38 33 Expenditures for long-lived assets 283 238 593 2003 2004 2005 2005 Segment Sales Data By Major Product Group By Major Industry By Region Herbicides 23% Seeds 43% North America 49% Other Seeds 4% Fungicides 6% Food Packaging Europe 26% Food Ingredients 17% & Safety 4% Insecticides 6% Food Ingredients 17% Asia Pacific 9% Soybean seeds 8% Corn seeds 31% Crop Protection 36% Latin America 16% Other 5% 18
  • 21. Key Capabilities Key Products & Services Core Markets Plant genetics Seeds Production agriculture Biotechnology Traits Food processing Crop chemistry Crop protection chemicals Nutrition science Food ingredients Protein formulation Food quality & safety Recent Product Examples Products/Services Innovation Markets Served Pioneer corn with Roundup Ready and Stacked insect protection with resistance to North American corn market ® Herculex® I stacked traits glyphosate herbicide Pioneer soybean with Roundup Ready® Stacked resistance to SCN and phytophthora North America soybean market and resistance to soybean cyst nematode root rot and resistance to glyphosate herbicide (SCN) and phytophthora root rot Sulfonylurea (SU) blends Absolute PX SU granule herbicide blend UK cereals market Affinity® Tank Mix SG SU soluble granule herbicide blend US cereals market BiPlay SX SU soluble granule herbicide blend Ireland cereals market Canopy® EX SU granule herbicide blend US soybean market Harmony® Extra SX SU soluble granule herbicide blend Greece, Ireland cereals market Landmark® I PX SU granule herbicide blend US vegetation management market Specialty Blends Velpar® K4 Specialty herbicide granule blend US specialty herbicide market Alfamax™ Specialty herbicide granule blend US specialty herbicide market Proquinazid Fungicide Powdery mildew Europe cereals market SoleCina Affordable Meat/Soy Nutrition Global C & D consumers Nutrium™ Low Lin Oil Low linolenic soybean oil Global food industry DPEL Film Verticle form fill sealing Global beverage industry Herculex®I Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred. Herculex® is a registered trademark of Dow AgroSciences LLC. Roundup Ready® is a registered trademark used under license from Monsanto Company. Acquisitions and Joint Ventures (2003-2005) DuPont Khimprom – Russia – crop protection products (2005 – acquired remaining interest of joint venture) DuPont Farm Solutions – sales and marketing joint venture with Maruwa Kabushiki Kaisha established in Japan (2004) Verdia, Inc. – California – Biotech research and development (2004) Griffin, LLC – Georgia – crop protection products (2003 – acquired remaining interest of joint venture) Solae, LLC – Missouri – soy-based consumer food products (2003 joint venture with Bunge, Ltd.) Divestitures and Shutdowns (2003-2005) DuPont Liquid Packaging Systems – production or warehouse shutdowns at Worthington OH, Houston TX, Elkton MD, and Allentown, PA (2004) Crop Protection product lines divested: Turf and Ornamentals, Aquatics, and Propanil (2004) Solae – Alpha production plant, New Berman, OH (2004) 2005 DuPont Databook 19
  • 22. DuPont Agriculture & Nutrition Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Crop Protection Herbicides Corn herbicides: Accent® and Accent® Broadleaf weed control Mobile, AL Aminodimethoxypyrimidine BASF GoldTM Grassy weed control El Paso, IL Cyanuric chloride Bayer Basis® and Basis® Gold® Manati, PR Monomethylamine Dow Agrosciences CATD Cernay, France Nicotinic acid Monsanto Cinch Syngenta Cinch ATZ Cinch ATZ Lite Steadfast® Steadfast® ATZ Titus® Soybean herbicides: Assure® II Broadleaf weed control El Paso, IL Guanidine Authority® Selective weed control Manati, PR Methyl thioglycolate Canopy® and Canopy® XLTM Saccharin Classic® Sulfentrazone Reliance® Synchrony® STS® Cereal herbicides: Ally® Broadleaf weed control El Paso, IL Benzyl mercaptan Express® Selective weed control Manati, PR Cyanamide Finesse® Girraween, Australia Dimethyl carbonate Glean® Cernay, France Methyl thioglycolate Granstar® Surabaya, Indonesia Saccharin Harmony® Lexus® Muster® SU Blends Rice herbicides: Gulliver® Selective pre- and Manati, PR Aminodimethoxypyrimidine Londax® postemergence weed Shanghai, China o-Toluic acid control Cotton herbicides: Staple® Postemergence weed Lerma, Mexico Glyphosate Staple® PlusTM control Pyrithiobac sodium Potato herbicides: Matrix® Selective broadleaf weed Cernay, France Aminodimethoxypyrimidine and grass control Sugar beet herbicides: Debut® Postemergence weed Manati, PR 2-Carbomethoxy- Safari® control Cernay, France 6-methylbenzenesulfonyl Upbeet® chloride Venzar® Sugarcane herbicides: Advance® Preemergence LaPorte, TX Diuron Velpar® K weed control Hexazinone Citrus herbicides: Hyvar® Preemergence LaPorte, TX Bromacil Krovar® weed control Diuron Tomato herbicides: Shadeout® Selective weed control Cernay, France Aminodimethoxypyrimidine Specialty herbicides: Vegetation management Brush and weed control LaPorte, TX Cyclohexyl isocyanate (forestry and noncrop) Manati, PR Dichlorophenol isocyanate Oust® and Velpar® Lerma, Mexico Hexazinone OustarTM Saccharin 20
  • 23. DuPont Agriculture & Nutrition Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Crop Protection (continued) Fungicides Curzate® Plant disease control Valdosta, GA Carbon bisulfide BASF Equation® Houston, TX Carbon monoxide Bayer Famoxate® Barranguiela, Colombia Chlorine Dow Agrosciences Flusilazole Cernay, France Copper hydrofide Syngenta Kocide® Bolzano, Italy EDA Ethylene diamine Manzate® Asturias, Spain Phenyl hydrazine Nustar® Lung Tan, Taiwan Sodium triazole Punch® Bangpoo, Thailand Triphenyltinhydroxide Super TIN TanosTM TaliumTM Insecticides Asana® Direct control and Mobile, AL Acetaldoxime Bayer AvauntTM residual action LaPorte, TX Ammonia Dow Agrosciences Lannate® insect control Cernay, France Caustic soda Syngenta Steward® Savli, India m-Cresol Vendex® Bolzano, Italy Cyclohexanone Vydate® Lerma, Mexico Methanol Cabuyao, Philippines Methyl mercaptan Lung Tan, Taiwan Monochlorobenzene Bangpoo, Thailand Monoethylamine Monomethylformamide Phosphorus pentachloride Trichloroacetaldehyde Qualicon Inc. BAX® system for Food, personal care, Wilmington, DE Microbiological testing pathogen screening and pharmaceutical and instrumentation RiboPrinter® microbial companies characterization system Nutrition & Health Solae LLC SOLAETM , Alpha 12 Food industry Gibson City, IL Soybeans, soybean flake Food and grain and SUPRO® isolated Remington, IN and soybean meal ingredient companies soy protein Bellevue, OH and meat, milk, and Soy protein concentrates Pryor, OK egg producers and oils Memphis, TN leper, Belgium Esteio, Brazil Luohe, China Yun Meng, China Zhengzhou, China Aarthus, Denmark Bordeaux, France Tokyo, Japan Corby, United Kingdom PRO-COTE® isolated Paper industry Louisville, KY Soybean flake and Starch and latex soy protein soybean meal companies 8th Continent LLC 8th ContinentTM soymilk Food & beverage industry Minneapolis, MN SolaeTM isolated Food and beverage soy protein companies and milk producers 2005 DuPont Databook 21
  • 24. DuPont Agriculture & Nutrition Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors Nutrition & Health (continued) Liquid Packaging Systems Pasteurized and aseptic Beverage and pumpable Ontario, CA Polyethylene Scholle packaging systems liquid food packaging Sacramento, CA Nylon Rapak Rigid blow molded Film converters Lake Wales, FL Polyester Consolidated Containers containers and filling Industrial packaging Elkton, MD Polycarbonate Cryovac equipment Auburn, MA High barrier sealant Ashland, OH structures for aseptic Upper Sandusky, OH pouch/bag applications Worthington, OH Fitments, connectors Houston, TX and taps Toronto, Canada Dartek® nylon films Manchester, England Sclairfilm® sealant films Paris, France Savli, India Pioneer Hi-Bred International Inc. Alfalfa seed Farming industry (see below) Genes Bayer Canola seed Feed industry Germplasm Dow Agrosciences Corn seed Food industry Parent seed Monsanto Inoculant Syngenta Hybrid rice seed Millet seed Mustard seed Sorghum seed Soybean seed Sunflower seed Wheat seed Major Plants for Pioneer Hi-Bred International Inc. Pocahontas, AR Utica, IL Santa Cruz, Brazil Fresno, CA Woodhull, IL Santa Rosa, Brazil Woodland, CA Mt. Vernon, IN Chatham, Canada Kekaha, Hi Plymouth, IN Georgetown, Canada Waialu, HI Rushville, IN Lethbridge, Canada Algona, IA Tipton, IN Paine, Chile Cherokee, IA Worthington, IN Jiuquan, China Durant, IA Constantine, MI Osijek, Croatia Dysart, IA Jackson, MN Meet Bera, Egypt Hedrick, IA Laurinburg, NC Toukh, Egypt Johnston, IA Wahpeton, ND Addis Ababa, Ethiopia Marengo, IA Doniphan, NE Aussonne, France Mt. Pleasant, IA York, NE Buxtehude, Germany Reinbeck, IA Grand Rapids, OH Szarvas, Hungary Renwick, IA Elizabethtown, PA Hyderabad, India Toledo, IA Memphis, TN Malang, Indonesia Waterloo, IA Plainview, TX Sissa, Italy Nampa, ID Weslaco, TX Culiacan, Mexico Good Hope, IL Connell, WA Sahiwal, Pakistan Le Roy, IL Salto, Argentina Polomolok, Philippines Litchfield, IL Narromine, Australia Afumati, Romania McLeansboro, IL Parndorf, Austria Rosslyn, South Africa Princeton, IL Itumbiara, Brazil Lampoon, Thailand Shelbyville, IL Formosa, Brazil Adana, Turkey St. Joseph, IL Planaltina, Brazil Juru, Zimbabwe 22
  • 25. DuPont Coatings & Color Technologies The DuPont Coatings & Color Technologies platform mission is to leverage DuPont’s technology and knowledge of the titanium dioxide and coatings businesses to create added value for customers by increasing their productivity, delivering innovative high-performance products, and enabling higher quality service and value to their customers. Our offering includes coatings, ingredients, systems, and services to fulfill functionality, aesthetics, and process needs. Key strategic opportunities include Terry Caloghiris expanding the platform leadership position in environmentally safe solutions, and strengthening our Group Vice President presence in the Asia Pacific and Eastern European markets. Growth Platform Leaders Marty M. McQuade Eric G. Melin Richard C. Olson Douglas L. Moore Vice President / Vice President / Vice President / Vice President / General Manager General Manager General Manager General Manager DuPont Automotive Systems DuPont Refinish DuPont Titanium DuPont Advanced Technologies Coatings Systems Overview (dollars in millions) 2005 2004 2003 Segment sales $6,234 $6,028 $5,503 Pretax operating income – Less transfers (57) (57) (52) before significant items Less equity affiliate sales (27) (46) (71) Net sales 6,150 5,925 5,380 (dollars in millions) $1,000 Pretax operating income 564 718 735 Pretax operating income – before significant items 677 814 731 $800 Research and development 157 149 131 Depreciation and amortization 212 209 227 $600 Equity in earnings of affiliates 1 3 3 Provision for income taxes 170 240 253 $400 Segment net assets 3,633 3,761 3,641 $200 Affiliate net assets 5 17 46 Expenditures for long-lived assets 292 217 214 2003 2004 2005 2005 Segment Sales Data By Major Product Group By Major Industry By Region Plastics 6% Refinish 31% North America 35% Paper 5% OEM 20% Europe 39% Construction/Materials 23% Motor Vehicles 55% White Pigments 33% Asia Pacific 14% Other 11% Other 16% Latin America 12% 2005 DuPont Databook 23
  • 26. Key Capabilities Key Products & Services Core Markets Dispersion and particle technologies Titanium dioxide Automotive OEM Colorants, color management Liquid and powder coatings Collision repair Coatings application Digital inks Paper Manufacturing excellence Consulting services Industrial coatings Global scale and scope Digital printing Architectural coatings Plastics Recent Product Examples Products/Services Innovation Markets Served Generation™ IX Powder clearcoat Improved scratch and mar resistance Automotive OEM Market EcoConcept™ Waterborne System Waterborne primerless system for OEM Automotive OEM Market assembly plants TS-6200 TiO2 pigment Superior durability for environmentally demanding High performance coatings – Automotive applications & Industrial Imron® Elite Single Stage Base Coats and Improved appearance and productivity Heavy duty truck coatings Clear Coats ChromaBase® YB System Integrated paint system delivering productivity, Automotive refinish value, and ease of use. SDP Black Pigment Dispersion* Enhanced optical density for plain paper Desktop ink jet printing applications Artistri™ GA software* Graphic arts software for PostScript® or Textile printing for graphic arts composite workflows. Artistri™ Solar Brite™ Inks* Inks with superior light and water fastness Textile printing for outdoor fabric application Alesta HT Powder Coatings Resist temperatures up to 1000°F BBQ grills, fireplace inserts, exhaust ® systems * Businesses moved from Coatings & Color Technologies to Electronic & Communication Technologies in Jan. 2006. Acquisitions and Joint Ventures (2003-2005) Remaining interest in joint venture in Mexico – refinish Standox® and powder coatings businesses (2005) POL-SVER Lakiery Proszkowe Sp. zo.o – Poland – powder coatings (2004) Remaining interest in DuPont Turkiye joint venture – Turkey – automotive, refinish, and industrial coatings (2004) DuPont Red Lion – China – OEM and refinish joint venture (2003) Divestitures and Shutdowns (2003-2005) Manufacturing plants in Cologne and Helmstedt – Germany (2003) Powder Plant in Burogo – Germany (2003) 24
  • 27. DuPont Coatings & Color Technologies Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Performance Coatings Centari® automotive and Aerospace Fort Madison, IA Acrylic monomers Akzo Nobel refinish enamels Automotive Mount Clemens, MI Aliphatic and aromatic BASF ChromaBase® refinish Collision repair Front Royal, VA hydrocarbon solvents PPG system Marine Guntramsdorf, Austria Organic pigments Sherwin-Williams Cormax® electrodeposition Transportation Mechelen, Belgium Titanium dioxide primers Sao Paulo, Brazil Cromax® waterborne Ajax, Canada finishes LeMans, France Hot HuesTM Refinish System Wuppertal, Germany Imron® finishes Tlalnepantla, Mexico Nason® refinish Valencia, Venezuela Spies Hecker® refinish Standox® refinish DuPont inks for printer Digital ink jet Fort Madison, IA Fuji Photo Film OEMs printers Rochester, NY Cabot Corporation ArtistriTM inks and printing Commercial printing Sensient Technologies systems systems Corporation Textiles Permatex® industrial Protective coatings Vaihingen, Germany Hempel coatings Sigma Kalon Voltro® high performance wire enamels Alestra® Powder coatings Automotive Houston, TX Epoxy resins Akzo Nobel Ray-Tec® Powder Construction Montbrison, France Organic pigments Ferro General industrial OEM Landshut, Germany Polyester Morton Pipeline Bulle, Switzerland Darlington, United Kingdom DuPont Titanium Technologies Starblast® abrasives Airblasting Edge Moor, DE Chlorine Huntsman Ti-Pure® titanium dioxide Catalysts Starke, FL Coke Ishihara Titanium Tetrachloride Ceramics DeLisle, MS Ilmenite Kemira Oy Zircon Coatings New Johnsonville, TN Rutile Kronos Worldwide Foundries Uberaba, Brazil Lyondell Paper Altamira, Mexico Tronox Plastics Kuan Yin, Taiwan Refractories 2005 DuPont Databook 25
  • 28. DuPont Electronic & Communication Technologies DuPont Electronic & Communication Technologies delivers innovative science to electronics, communication, and industrial markets worldwide. Our advanced materials and technology enable increased functionality and lower costs for electronic and communication devices, flexographic printing and color communication for packaging and commercial printing industries, and superior electrical properties, thermal performance, chemical inertness, and surface characteristics for fluoro-enabled Craig G. Naylor markets. Emerging technologies in our development pipeline include embedded passive electronic Group Vice President components, low-loss laminate materials for semiconductor packages, polymers for 193 nm photoresists, thermal color filters for LCD displays, limited combustible cable for electronic data and telecommunications, organic light emitting diode (OLED) displays, and fuel cell membrane electrode assemblies. Growth Platform Leaders David B. Miller Cynthia C. Green Barry M. Granger Vice President/ Vice President/ Vice President/ General Manager General Manager General Manager DuPont Electronic DuPont Fluoroproducts DuPont Imaging Technologies Technologies Overview (dollars in millions) 2005 2004 2003 Segment sales $3,506 $3,279 $2,892 Pretax operating income – Less transfers (90) (81) (40) before significant items Less equity affiliate sales (251) (284) (233) Net sales 3,165 2,914 2,619 (dollars in millions) $1,000 Pretax operating income 532 192 183 Pretax operating income – before significant items 484 367 181 $800 Research and development 170 173 187 Depreciation and amortization 151 149 156 $600 Equity in earnings of affiliates 37 29 8 Provision for income taxes 142 51 35 $400 Segment net assets 2,189 2,230 2,408 $200 Affiliate net assets 283 383 324 Expenditures for long-lived assets 180 135 129 2003 2004 2005 2005 Segment Sales Data By Major Product Group By Major Industry By Region Electronics 38% Printing & Proofing 14% Electrical Appliances/ North America 37% Machinery 4% Refrigerants 15% Construction 7% Asia Pacific 34% Chemical Specialties 8% Chemical/Petrochemical 5% Electronic Materials 36% Wire & Cable 5% Europe 24% Fluoropolymers 18% Personal Care & Apparel 4% Latin America 5% Fluorosurfacing 7% Packaging & Printing 14% Motor Vehicle 7% Other 2% Other 16% 26
  • 29. Key Capabilities Key Products & Services Core Markets Polymer chemistry Circuit and component materials Semiconductors Fluorine chemistry Flexographic printing systems Printed circuit boards & components Photopolymers Photovoltaic materials Automotive & industrial electronics Inorganic materials Refrigerants Displays Precision patterning Surfacing materials Packaging & commercial printing Semiconductor fabrication & packaging materials HVAC & refrigeration Wire & cable materials Chemical processing industries Electronic data & telecommunications Alternative Energy Recent Product Examples Products/Services Innovation Markets Served Teflon FEP TE9494 The world’s best/highest productivity resin for Electronic data & telecom cables ® communications cable Nafion® 2030 World’s best chloralkali membrane providing Chloralkali an alternative to mercury Isceon® Blends Easy retrofit replacement for ozone depleting Refrigeration CFC's and other HFCs Cyrel®FAST Thermally processed digital flexographic Packaging printing printing plate DuPont™ Cromalin® b2/b3 Low cost, high-quality inkjet system Commercial printing Pb-free Fodel Silver conductor & black matrix offering Plasma display panels ® environmentally friendly, lower resistance, finer lines, and high quality Solamet® photovoltaic conductor Cd-free and Pb-free Ag & Al metallization for Solar cells materials solar cell applications offering improved printing and higher cell efficiency PZT electrode 6034 Ag-Pd electrode for multilayer piezo module Automotive diesel engine fuel injection system LTCC 943 Low-loss dielectric High-frequency collision avoidance automotive radar systems Acquisitions and Joint Ventures (2003-2005) DuPont Wirex – Taiwan – two-layer flexible laminates for flexible circuits (2005 – acquired remaining interest of joint venture) Rhodia, Inc. – France – HFC refrigerant blends (2005) DuPont Authentication Systems – Bridgeport, CT – security and authentication solutions (2005 – acquired remaining interest of joint venture) SD Flex – Korea – joint venture with Samsung-Cheil for adhesiveless, flexible copper clad laminates (2004) DuPont 3F Fluorochemicals – China – joint venture for manufacture of blended HFC refrigerants (2004) Divestitures and Shutdowns (2003-2005) DuPont Photomask, Inc. (2005) Transfer of the EKC CMP business to the DuPont Air Products Nanomaterial joint venture (2004) Propellants manufacture – Louisville, KY (2003) Refrigerants production – Shimizu, Japan (2003) 2005 DuPont Databook 27
  • 30. DuPont Electronic & Communication Technologies Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Display Technologies Holographic optical Flat-panel displays Santa Barbara, CA Adhesives Kodak elements Personal and Torrance, CA FV polymer 3M Liquid crystal display (LCD) product security/ Bridgeport, CT Glass White Electronics enhancement solutions authentication Towanda, PA N10 monomer Security and authentication Logan, UT Plastic films solutions Shenzhen, China DuPont Electronic Technologies Birox® thick film resistor Automotive Hayward, CA Copper Air Products compositions electronics Research Triangle Park, NC Hydroxylamine Asahi Chemical CoppeReady® chemical Biosensors Parlin, NJ Oxydianiline Cabot Microelectronics mechanical planarization Displays Circleville, OH Polyester film Cookson slurries Electronic Dayton, OH Precious metals Eternal Chemical Fodel ® thick film photo- components Towanda, PA Pyromellitic dianhydride Ferro printable compositions Electronic insulation Manati, PR Hitachi Chemical Green TapeTM Semiconductor Bayport, TX Honeywell low-temperature fabrication & Dongguan, China Kaneka co-fired ceramics packaging Shenzhen, China MacDermid ImageMasterTM photo- Photovoltaic cells Hitachi, Japan Nippon Steel tool systems Printed circuit board Mizushima, Japan Noritake Interra® planar embedded fabrication Tokai, Japan Rohm & Haas capacitor laminate Telecommunications Toyohashi, Japan Shoei Kapton® polyimide film Gumi, Korea Sumitomo Luxprint® electroluminescent Ichon, Korea Taiyo Ink compositions Luxembourg Ube Mazin® colloidal silica slurry Hsinchu, Taiwan Microlithographic Taoyuan, Taiwan polymer films Bristol, United Kingdom Microlux® polyimide East Kilbride, United Kingdom laminates Ruabon, United Kingdom MicroPlanar ® chemical mechanical planarization slurries Oasis® composite film PlasmaSolv® post-etch residue removers Polymers for semiconductor photoresists Posistrip® photoresist removers Pyralin® polyimide coatings Pyralux® flexible laminates, sheet adhesives, and films Riston® dry film photoresists Solamet® silver compositions for solar cells Syton® colloidal silica slurry Teclam® flexible laminates Thermount® non-woven aramid laminates Thick film conductor and resistor compostitions 28
  • 31. DuPont Electronic & Communication Technologies Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Fluorochemicals Dymel® aerosol propellants Aerosol propellants Louisville, KY Chloroform Air Products FETM fire extinguishants Electronic gasses Deepwater, NJ Fluorspar Arkema Formacel® blowing agents FE systems Corpus Christi, TX Hydrofluoric acid Daikin HCFC 22 refrigerants Insulation La Porte, TX Methanol Chemtura Isceon® refrigerant blends Precision cleaning Belle, WV Perchloroethylene Honeywell Suva® refrigerants Refrigeration/HVAC Changshu, China VCM INEOS Vertrel® cleaning agents Pharmaceuticals Chiba, Japan KDK Zyron® electronic gases Shimizu, Japan Solexis Dordrecht, 3M The Netherlands Humberside, United Kingdom DuPont Fluoropolymer Solutions Nafion® ion exchange Aerospace Parlin, NJ Difluoroethane Akzo Nobel membranes Automotive Buffalo, NY HCFC 22 Asahi Glass Tedlar® PVF film Chemical handling Fayetteville, NC hydrochlorofluorocarbon Daikin Teflon® fluoropolymer and processing Circleville, OH Dyneon/3M Teflon® and Autograph® Data communications Parkersburg, WV Solexis nonstick coatings Fine Chemicals Mechelen, Belgium Whitford Worldwide for cookware Housewares Shenzhen, China Teflon® for industrial Semiconductor Madurai, India coating applications manufacture Shimizu, Japan Teflon® films Photovoltaics Dordrecht, Tefzel® fluoropolymer Construction The Netherlands DuPont Imaging Technologies Cyrel®, Digital Cyrel®, Commercial printing Parlin, NJ Block copolymers Agfa Cyrel®FAST flexographic Packaging graphics Towanda, PA HMDA/HMDMA Asahi Chemical printing plate systems, Flat Panel Displays Neu Isenburg, Germany Polyester films EFI and Cyrel® round Epson printing sleeves Flint Group Cromalin®, Dylux®, Thermal Fuji 4-Color, WaterProof ® Kodak proofing systems, and MacDermid Cromalin® b2/b3 and CromaProTM XP inkjet color proofing systems Cromalin® Blue Cromalin® Largo CromaprintTM, wide format UV InkJet system 2005 DuPont Databook 29
  • 32. DuPont Performance Materials Material innovations for a more secure, comfortable, and sustainable world: The DuPont Performance Materials businesses provide customers with more productive, higher performance polymer materials and system solutions to improve the uniqueness, functionality, and profitability of their product offering. Key growth opportunities include developing new automotive applications both under the hood and on the vehicle body, enhancing consumer packaging solutions, and expanding our presence in Asia Pacific. Jeffrey L. Keefer Group Vice President Growth Platform Leaders John R. Lewis Keith J. Smith Craig F. Binetti Henry B. Voigt President & CEO Vice President/ Vice President/ Chairman & DuPont Performance General Manager General Manager Chief Executive Officer Elastomers DuPont Engineering DuPont Packaging & DuPont Teijin Films Polymers Industrial Polymers Overview (dollars in millions) 2005 2004 2003 Segment sales $6,750 $6,333 $5,376 Pretax operating income – Less transfers (74) (102) (133) before significant items Less equity affiliate sales (794) (876) (1,143) Net sales 5,882 5,655 4,100 (dollars in millions) $1,000 Pretax operating income 523 295 410 Pretax operating income – before significant items 531 630 410 $800 Research and development 132 140 125 Depreciation and amortization 200 234 161 $600 Equity in earnings of affiliates 29 (100) 9 Provision for income taxes 135 168 143 $400 Segment net assets 3,563 3,721 3,809 $200 Affiliate net assets 756 773 1,201 Expenditures for long-lived assets 185 214 167 2003 2004 2005 2005 Segment Sales Data By Major Product Group By Major Industry By Region Motor Vehicle 38% Engineering Resins 39% North America 41% Electrical & Electronics 9% Polyester Films 10% Europe 29% Construction/Materials 10% Vinyl Polymers 7% Agriculture/Food 7% Asia Pacific 26% Packaging Resins 13% Other 11% Elastomers 15% Packaging 16% Latin America 4% Other 16% Personal & Health Care 9% 30
  • 33. Key Capabilities Key Products & Services Core Markets Polymer science Engineering polymers Automotive Application development Flexible packaging resins Packaging Materials processing Industrial resins Electrical/electronics Performance elastomers Construction Performance films Consumer durables Recent Product Examples Products/Services Innovation Markets Served Nucrel resins Improved tie layer properties Food & beverage ® Vamac® DHC resins Higher state of cure and improved Transportation compression set Spallshield® Interlayers with increased safety and Transportation reduced weight Butacite® G colors Colored interlayers with recycled PVB for Architectural & automotive laminate glass Hytrel® membranes Waterproof, breathable membrane with high Textiles, apparel, construction moisture vapor transmission and UV stability Zytel® Advantage resins Improved melt flow, mold deposit, and physical Automotive, consumer properties that increase customer productivity Acquisitions and Joint Ventures (2003-2005)(2002-2004) Retrim – Czech Republic – PVB Interlayer Manufacturer (2004) Eastman Chemicals high performance crystalline polymers – LCP and PCT polymers (2003) DuPont Teijin Hongii Films Ningbo Co. Ltd. – China – polyester film (2003 – joint venture) Wuxi Xingda Nylon Co. Ltd. – Wuxi, China – nylon filaments (2004 – joint venture) Divestitures and Shutdowns (2003-2005) (2002-2004) Dow exit elastomers joint venture (2005) DMT Manufacturing – Old Hickory, TN (2004) Zytel-Delrin – Tuas, Singapore – Compounding facility (2003) Zytel® and Minlon® Nylon resins – Born and Rozenburg, Netherlands (2003) 2005 DuPont Databook 31
  • 34. DuPont Performance Materials Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Engineering Polymers Crastin® PBT polyester Aerospace Newark, DE Butadiene BASF resins Appliance Circleville, OH Butanediol Celanese/Ticona Delrin® acetal resins Automotive Cleveland, OH Caprolactam GE Plastics Hytrel® polyester Cosmetics Charleston, SC Cyclohexane Lanxess elastomer Industrial hardware Chattanooga, TN Dodecanedioic acid Polyplastics Rynite® PET polyester Electrical/Electronics Richmond, VA Ethylene glycol Solutia resins Power tools Parkersburg, WV Glass fiber Solvay Polymers Thermx® PCT polyester Recreational goods Berazategui, Argentina Methanol Teijin Tynex® nylon filaments Semiconductor and Mechelen, Belgium Oxydianiline Toray Vespel® parts and shapes business machines Maitland, Canada Para-hydroxybenzoic acid ZeniteTM LCP (liquid crystal Shenzhen, China Paraxylene polymer) resins Wuxi, China Polytetramethylene glycol Zytel® and Minlon® nylon Zhangjigang, China Pyromellitic dianhydride resins Uentrop, Germany Madurai, India Savli, India Utsunomiya, Japan Luxembourg Tlalnepantla, Mexico Dordrecht, The Netherlands Landgraaf, The Netherlands Ulsan, Republic of Korea Singapore DuPont Packaging & Industrial Polymers Cool2GoTM insulated wrap Adhesives Fayetteville, NC Acetic acid Dow Crystar® specialty resin Construction Old Hickory, TN Acrylic acid Celanese Elvaloy® AC acrylate Food and beverage LaPorte, TX Butyraldehyde Eastman Chemical resins (EMA, EEA, EBA Leisure/sporting goods Orange, TX Ethylene Elf Atochem copolymers) Packaging Victoria, TX Ethylene glycol Equistar Elvanol® polyvinyl alcohol Textiles Parkersburg, WV Methacrylic acid ExxonMobil resins Transportation Sarnia, Canada Kuraray Ethylene copolymers: Wire and cable Uentrop, Germany Sekisui Bynel® coextrudable Chiba, Japan Solutia adhesive Otake, Japan Elvaloy® polymer modifiers Ulsan, Republic of Korea Elvax® ethylene vinyl Dordrecht, acetate resins The Netherlands Nucrel® acid copolymer Zlin, Czech Republic resins Surlyn® resins Vamac® ethylene acrylic elastomer Glass laminating products: Butacite® polyvinyl butyral interlayer SentryGlas® ExpressionsTM decorative interlayers SentryGlas® intrusion resistant composite SentryGlas® Plus security interlayer SentryGlas® SecureTM ionoplast interlayer Spallshield® plastic composite 32
  • 35. DuPont Performance Materials Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Teijin Films Melinex® polyester film Appliance Fayetteville, NC Dimethyl terephthalate Mitsubishi Mylar® polyester film Automotive Circleville, OH (DMT) SKC Purex® polyester film Construction Florence, SC Ethylene glycol Toray Teijin® Tetoron® Data storage Old Hickory, TN Purified terephthalic acid Toyobo polyester film Electronics Hopewell, VA (PTA) Teonex® PEN film Flat panel displays Richmond, VA 2,6NDC Imaging Foshan, China Medical and healthcare Ningbo, China Packaging and labels Jakarta, Indonesia Print consumables Gifu, Japan Video tape Ibaraki, Japan Utsunomiya, Japan Luxembourg Dumfries, United Kingdom Wilton, United Kingdom DuPont Performance Elastomers Hypalon® chlorosulfonated Adhesives Newark, DE Butadiene Daikin polyethylene Aerospace Louisville, KY Chlorine Denka Kalrez® perfluoroelastomer Automotive LaPlace, LA Ethylene Dyneon/3M parts Chemical processing Deepwater, NJ Hydrofluoric acid Enichem Construction Beaumont, TX Perfluoromethylvinyl Lanxess Neoprene synthetic Plastics modification Dordrecht, ether Solvay Solexis rubber Semiconductor The Netherlands Polyethylene Viton® fluoroelastomer 2005 DuPont Databook 33
  • 36. DuPont Safety & Protection DuPont Safety & Protection satisfies the growing global needs of governments, businesses, and consumers for solutions that make life safer. By uniting dynamic science with the strength of highly-regarded brands such as Kevlar®, Tyvek®, and Nomex®, the segment serves a large number of markets ranging from construction, industrial chemical, energy and manufacturing to healthcare, transportation, and homeland security. In addition to serving its existing customer base, the segment is investing in the future with Ellen J. Kullman growth initiatives, including: building innovations, personal protection, biosecurity, consumer safety, Group Vice President government solutions, environmental solutions, and safety consulting services. Growth Platform Leaders William J. Harvey Nicholas C. Fanandakis Matthew L. Trerotola James A. Forsman Mark P. Vergnano Vice President/ Vice President/ Vice President/ Vice President/ Vice President/ General Manager General Manager General Manager General Manager General Manager DuPont Advanced DuPont Chemical DuPont Nonwovens DuPont Safety DuPont Surfaces & Fiber Systems Solutions Enterprise Resources Building Innovations Overview (dollars in millions) 2005 2004 2003 Segment sales $5,230 $4,696 $4,077 Pretax operating income – Less transfers (73) (90) (122) before significant items Less equity affiliate sales (85) (64) (58) Net sales 5,072 4,542 3,897 (dollars in millions) $1,000 Pretax operating income 980 837 805 Pretax operating income – before significant items 1,002 907 805 $800 Research and development 115 99 89 Depreciation and amortization 181 179 173 $600 Equity in earnings of affiliates 17 13 14 Provision for income taxes 284 276 270 $400 Segment net assets 2,686 2,645 2,530 $200 Affiliate net assets 84 74 100 Expenditures for long-lived assets 266 215 303 2003 2004 2005 2005 Segment Sales Data By Major Product Group By Major Industry By Region Industrial Chemical Solutions 26% Other 26% North America 60% Performance & Protection Construction/Materials 19% Chemical Solutions 10% Europe 21% Textile/Apparel 20% Aramids Products 24% Motor Vehicle 4% Solid Surfaces 12% Asia Pacific 15% Electrical & Electronics 6% Sontara® 5% Chemical/Petrochemical 18% Latin America 4% Tyvek®/Typar® 19% Personal & Health Care 7% Other 4% 34
  • 37. Key Capabilities Key Products & Services Core Markets Market-driven science in Global brand strength Kevlar® fiber Construction protective chemicals, selective Strong value chain relationships Nomex® fiber and paper Protective apparel barriers, high strength/ Robust new product development Specialty, performance, and Military/homeland security temperature materials, industrial chemicals Energy environmental solutions, Tyvek® protective material and Healthcare protective/decorative surfaces other selective barriers Transportation World-class safety reputation Corian® solid surfaces Consumer Safety and operational consulting and training Recent Product Examples Products/Services Innovation Markets Served High Fluorine efficiency systems Stain & soil repellency with less fluorine/lower cost Apparel/Nonwovens Kevlar Tire Cord Reduced tire tread noise using Kevlar /nylon hybrid Automotive ® ® DuPont™ FlexWrap™ and Straight Flash™ Window flashing systems for moisture management Construction industry Fire Resistant Materials Fourth generation of flame resistant barriers for Consumer mattress applications Infection Control Garments First SFDA certified garment for protection against Consumer SARS, bird flu, etc. DuPont™ StormRoom™ with Kevlar® Kevlar® reinforced rooms for hurricane and Consumer tornado protection Tychem® ThermoPro Garments First disposable garment systems to provide both Hazmat, Emergency Response, Industrial chemical and flame resistance Nomex® garments for EMEA New fabric constructions and garments for Industrial enhanced thermal protection Nomex® for SLIM transformers Compact, fire resistance, high performance and Industrial reliability for wind turbines DuPont™ Suprel™ medical fabric Fabric for surgical gowns and drapes with high Healthcare level of protection and comfort DuPont™ Acturel™ Breathable, impervious barrier Medical & healthcare Sulfuric Acid Regeneration Sulfur management/emission abatement Oil & gas refinery New colors of Zodiaq and Corian Colors embrace many lifestyles and environments Residential and commercial construction ® ® Montelli® and Simplicity® Entry level solid surface products Residential and commercial construction Granite Granite, certified by DuPont – with coating treatment Residential and commercial construction Tyvek Silver Metallized Tyvek membranes for radiative heat Residential and Commercial Construction ® ® loss reduction Ink Jet Printable Tyvek® High resolution inkjet printable Tyvek® Printing and Publishing Industry Acquisitions and Joint Ventures (2003-2005)(2002-2004) Stonetech – Walnut Creek, California – stone care solutions (2005) BioSentry – Stone Mountain, Georgia – animal and human health (2004) Chinook – Ontario, Canada – Methylamines and methylamides business (2004) Montelli – Guangzhou & Xishui, China – polyester and acrylic solid surface business (2004) DMR – Tokyo & Toyama, Japan – joint venture equity increase – Corian® Solid Surfaces (2004) Antec International – Sudbury, U.K. – offerings for animal and human health (2003 – acquisition) SEVP – Pantin, France – protection garments (2003 – acquisition) White Knight Engineered Products – Charlotte, North Carolina – nonwoven cleanroom apparel (2003 – acquisition) Stratco – Kansas City, Missouri – oil refining alkylation technology (2003 – acquisition) Divestitures and Shutdowns (2003-2005)(2002-2004) Anchorage systems – Martinsburg, WV – Fasloc® (2005) 2005 DuPont Databook 35
  • 38. DuPont Safety & Protection Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Advanced Fiber Systems Kevlar® brand fiber Aerospace and aircraft Richmond, VA Isophthaloyl chloride DSM Nomex® brand fiber and Automotive Osaka, Japan Metaphenylenediamine Hoechst/Celanese paper Electrical equipment Tokai, Japan Paraphenylenediamine Honeywell Electronics Asturias, Spain Terephthaloyl chloride Rhodia Military/Law enforcement Maydown, Teijin Protective apparel United Kingdom Toyobo Telecommunications DuPont Chemical Solutions Enterprise Specialty & Performance Chemicals Anthium® chlorine dioxide Agriculture Walnut Creek, CA Acrylic esters Akzo solutions Chemical intermediates Deepwater, NJ Ammonia Asahi Glass Fine chemicals Polymer intermediates North Kingstown, RI Caustic Clariant 5-Sulfoisophthalic acid Textile Memphis, TN Formalin Daikin derivatives Water treatment Belle, WV Hexafluoropropyleneoxide Eastman Fluoroguard® polymer Villers-St. Paul, France Hydrogen cyanide Nippon Hydrazine additive Malmö, Sweden Iodine Solvay/Ausimont Glycolic acid Sudbury, United Kingdom Isophthalic acid Synetix Krytox® lubricants Ketones 3M Oxone® monopersulfate Methanol StoneTech™ Oleum Teflon® soil, rain, and Tetrafluoroethylene 1 stain protectors Titanium tetrachloride TraSys® mold release systems 1 Tyzor® organic titanates 1 Vazo® initiators Virkon® disinfectant Virkon® S disinfectant Zonyl®, Forafac®, and Foraperle® fluorochemical intermediates and surfactants Industrial Chemicals Acrylonitrile Federal government Delaware City, DE Ammonia Air Products Alkylation technology Local governments Wurtland, KY Benzene Arch Chemicals Aniline Mining Burnside, LA Caustic BASF Chlorosulfonic acid Oil refining LaPlace, LA Chlorine Bayer Dimethyl sulfate Polymer intermediates Pascagoula, MS Hydrogen BP Hydrogen cyanide Textile Deepwater, NJ Isophthalic acid Cytec Methylamines/ Urethane Niagara Falls, NY Methane Degussa Methylamides intermediates Fort Hill, OH Methanol FMC Nitrotoluenes Water treatment Memphis, TN Natural gas General Chemical Phenylenediamines Baytown, TX Nitric acid Metaux Phthaloyl chlorides Beaumont, TX Oleum Rhodia Secure environmental James River, VA Sodium chloride treatment Belle, WV Sulfur Sodium cyanide Toluene Sodium/Lithium Sulfuric acid (fuming and nonfuming) Toluidines 36
  • 39. DuPont Safety & Protection Principal Products Major Markets Major Plants Major Raw Materials Significant Competitors DuPont Nonwovens Advanced Composite Carpeting Old Hickory, TN Polyester BBA Fabrics (ACT) Clean rooms Richmond, VA Polyethylene Kimberly Clark Needlepunch and Construction Cerquilho, Brazil Polypropylene PGI spunlace fabrics Contamination control Shenzhen, China Wood pulp Sontara® spunlaced Pharma/Bio life sciences Utsunomiya, Japan products Electronics Luxembourg Tyvek® brand protective Critical cleaning Asturias, Spain material Aerospace Typar® high-strength Automotive spunbonded products Food industry Printing Envelopes/Packaging Footwear Geotextiles Graphics Home furnishings Medical and healthcare Personal protection DuPont Safety Resources Integrated Consultative Healthcare Safety consulting firms Solutions: Manufacturing SafeReturns™ Food/Agriculture Emergency Response Oil and Gas/Energy Ergonomics Government/Municipalities Contractor Safety Transportation Asset Effectiveness Air Capital Effectiveness Rail Safety Management Transit Systems: Trucking Training services and seminars Implementation Support Training materials – STOP™ family Operations Risk Management DuPont Surfaces Corian® solid surfaces Consumer goods Buffalo, NY Alumina trihydrate Gibralter/Wilson Art DuPont™ bath surfaces Education Toyama, Japan Methyl methacrylate (ITW) Granite certified by DuPont Food service Ulsan, Korea Quartz Granite Montelli® solid surfaces Home and architectural Thetford Mines, Canada Polystyrene HiMacs/Lucky Goldstar Simplicity® solid surfaces interiors Guangzhou, China Laminate Zodiaq® quartz surfaces Lodging Xishui, China Silestone/Cosentino Medical and healthcare Staron/Samsung Retail fixtures Topstone/Hanwha 2005 DuPont Databook 37
  • 40. Pharmaceuticals On October 1, 2001, DuPont Pharmaceuticals was sold to the Bristol-Myers Squibb Company. DuPont retained its interest in Cozaar® (losartan potassium) and Hyzaar® (losartan potassium with hydrochlorothiazide). These AIIA drugs were discovered by DuPont and developed in collaboration with Merck, and are used in the treatment of hypertension. The U.S. patents covering the compounds, pharmaceutical formulation, and use for the treatment of hypertension, including approval for pediatric use, will expire in 2010. DuPont has exclusively licensed worldwide marketing and manufacturing rights for Cozaar® and Hyzaar® to Merck. Pharmaceuticals receives royalties and net proceeds as outlined in these licenses and related agreements. Merck is responsible for manufacturing, marketing, and selling Cozaar® and Hyzaar®. In September 2002, the U.S. Food & Drug Administration (FDA) approved Cozaar® to reduce the rate of progression of nephropathy (kidney disease) in Type 2 diabetic patients with hypertension and nephropathy (hereafter referred to as the RENAAL study). Through 2005, approvals based on the RENAAL study have been granted in 53 countries, with further approvals pending. The Losartan Intervention For Endpoint reduction in hypertension study (LIFE) results were reported and published in March 2002 at the annual meeting of the American College of Cardiology. The study found that the use of Cozaar® significantly reduced the combined risk of cardiovascular death, heart attack, and stroke in patients with hypertension and left ventricular hypertrophy (LVH) compared to the beta-blocker atenolol. In March 2003, the FDA approved Cozaar® as the first and only hypertensive medicine to reduce the risk of stroke in patients with hypertension and LVH. In total, 62 countries have granted regulatory licenses to Cozaar® based on the LIFE study. In 2005, the FDA approved Hyzaar® to reduce the risk of stroke based on the LIFE study. The FDA granted a new indication for Hyzaar® in 2004 for use in patients with severe hypertension. This fixed dose combination is not indicated for initial therapy of hypertension, except when the hypertension is severe enough that the value of achieving prompt blood pressure control exceeds the risk of initiating combination therapy in these patients. In 2005, Hyzaar® 100-12.5 mg tablets were introduced, offering a new treatment alternative for doctors with patients whose blood pressure is not adequately controlled by Cozaar® 100 mg alone. Overview (dollars in millions) Pretax operating income – before significant items 2005 2004 2003 Pretax operating income $751 $681 $571 (dollars in millions) Pretax operating income – before significant items 751 681 548 $1,000 Provision for income taxes 263 238 216 $800 Segment net assets 169 159 140 $600 Affiliate net assets 43 36 38 $400 $200 2003 2004 2005 38
  • 41. Major Global Sites and Principal Products (includes joint ventures and major affiliates) Stade Tyrin® chlorinated polyethylene Shanghai Crop protection; research NORTH AMERICA Uentrop Engineering polymers; Butacite® laboratories Canada polyvinyl butyral interlayer; nylon Shenzhen Riston® dry film photoresists; Ajax Automotive finishes intermediates, specialties, and engineering polymers; Sontara® Chatham Agricultural seed polymer spunlaced products; Tyvek® brand Georgetown Agricultural seed Vaihingen Permatex® industrial coatings protective material; Teflon® Kingston Zytel® and Minlon® nylon resins Wuppertal Automotive and industrial finishes nonstick coatings, Zytel® nylon Lethbridge Agricultural seed resin; LCD enhancement; LiquiBox Hungary Maitland Zytel® and Minlon® nylon resins; Wuhan Soy protein isolate food ingredients Szarvas Agricultural seed Ontario LiquiBox and oils Thetford Mines Zodiaq® quartz surfaces Italy Wuxi Nylon filaments Toronto LiquiBox Bolzano Crop protection Xishui Montelli® solid surfaces Sarnia Ethylene copolymers Sissa Agricultural seed Yun Meng Soy protein isolate food ingredient Zhangjigang Delrin® polyacetal Mexico Luxembourg Cronar® polyester photographic film Zhengzhou Soy protein isolate food ingredient Altamira Ti-Pure® titanium dioxide base; polyester films; engineering Culiacan Agricultural seed polymers; Tyvek® brand protective India Lerma Crop protection material; Typar® high-strength Hyderabad Agricultural seed Tlalnepantla Automotive finishes; engineering spunbonded products; Kapton® Madurai Tynex® nylon filaments; Teflon® polymers polyimide film non-stick coatings Savli Engineering polymers; crop United States (See page 40) The Netherlands protection; LiquiBox Dordrecht Delrin® acetal resins; Teflon® SOUTH AMERICA fluoropolymer; Viton® Indonesia fluoroelastomer; ethylene Argentina Citeureup Industrial rubber copolymers; fluorochemicals Berazategui Zytel and Minlon nylon resins; ® ® Jakarta Polyester films Landgraaf Tynex® nylon filaments industrial rubber Malang Agricultural seed Salto Agricultural seed Surabaya Crop protection Spain Asturias Nomex® brand fiber; Sontara® Brazil Japan spunlaced products; crop Camacari Industrial rubber and polymer Chiba Suva® refrigerants; ethylene protection Cerquilho Needlepunch and spunlace fabrics copolymers Esteio Soy protein isolate food ingredient Gifu Polyester films Sweden Formosa Agricultural seed Hitachi Pyralin® polyimide coatings Malmö Fine chemicals Goiabal Crop protection Ibaraki Polyester films Switzerland Itumbiara Agricultural seed Mizushima Kapton® polyimide film Bulle Powder coatings Nordeste Zytel® nylon resin Osaka Nomex® brand paper Meyrin Research laboratories Planaltina Agricultural seed Otake Ethylene copolymers Sao Paulo Automotive finishes Turkey Sagamihara Polyester films Uberaba Ti-Pure® titanium dioxide Adana Agricultural seed; dimethyl Shimizu Teflon® fluoropolymer; terephthalate (DMT) fluorochemicals Chile Izmit Industrial rubber Tokai Kapton® polyimide film; Kevlar® Paine Agricultural seed brand fiber United Kingdom Colombia Tokyo Soy protein isolate food ingredient Bristol Microcircuit materials Barranguiela Crop protection Toyama Corian® solid surfaces Corby Food ingredients Toyohashi Riston® dry film photoresists Venezuela Darlington Powder coatings Utsunomiya Engineering polymers; Tyvek® brand Valencia Automotive finishes Dumfries Polyester films protective material; polyester films East Kilbride PlasmaSolv ® and Posistrip® removers EUROPE AND MIDDLE EAST Humberside Dymel® aerosol propellants Pakistan Austria Manchester LiquiBox Sahiwal Agricultural seed Guntramsdorf Automotive finishes and industrial Peterborough Soy protein-based consumer food Philippines coatings products Cabuyao Crop protection Parndorf Agricultural seed Ruabon Microplanar® chemical mechanical Polomolok Agricultural seed planarization formulations; Syton® Czech Republic Republic of Korea and Mazin® colloidal silica slurries Zlin PVB Interlayer Gumi Adhesiveless flexible copper clad Wilton Purified terephthalic acid (PTA) and Belgium laminates resins; polyester films Ieper Soy protein isolate food ingredient Ichon Riston® dry film photoresists Mechelen Teflon® nonstick coatings; automotive AFRICA Seoul Research center finishes; engineering polymers; Ulsan Butacite® polyvinyl butyral Ethiopia Vespel® parts and shapes interlayer; engineering polymers; Addis Ababa Agricultural seed Corian® solid surfaces Denmark South Africa Aarhus Soy protein concentrate food Singapore Zytel® and Minlon® nylon resins; Rosslyn Agricultural seed ingredient specialties, and polymer; Zimbabwe Delrin® acetal resins; Egypt Juru Agricultural seed Cairo Industrial rubber Taiwan Meet Bera Agricultural seed Hsinchu Rexon® flexible laminates ASIA PACIFIC Toukh Agricultural seed Kuan Yin Ti-Pure® titanium dioxide; nylon yarns; Australia purified terephthalic acid (PTA) France Girraween Crop protection Lung Tan Crop protection Aussonne Agricultural seed Narromine Agricultural seed Taoyuan ATS customer research; Bordeau Soy protein concentrate food China microcircuit materials; Fodel® ingredient Changchun Automotive finishes thick film photoprintable Cernay Crop protection Changshu Hydrofluorocarbon blend compositions Le Mans Automotive and industrial finishes refrigerants Montbrison Powder coatings Thailand Chendo Powder coatings Paris LiquiBox Bangpoo Crop protection Dongguan Microcircuit materials, Villers-St. Paul Surface protection and Lampoon Agricultural seed powder coatings fluoroadditives Foshan Polyester films Germany Guangzhou Montelli® solid surfaces Buxtehude Agricultural seed Huangshan Powder coatings Landshut Powder coatings Jiuquan Agricultural seed Muehlhausen Industrial rubber Loehe Soy protein isolate food ingredient Cyrel®, Digital Cyrel ®, Cyrel®FAST Neu Isenburg Ningbo Polyester films flexographic printing plates and Qingdao Industrial rubber Cyrel® round printing sleeves 2005 DuPont Databook 39
  • 42. Major U.S. Sites and Principal Products (includes joint ventures and major affiliates) Alabama Louisiana South Carolina Mobile Crop protection Burnside Sulfur products and specialty Charleston Crastin® PBT polyester resins; acids Hytrel® polyester elastomer Arizona La Place Neoprene synthetic rubber; Florence Polyester films; Cronar® polyester Pocahontas Agricultural seed phenylenediamines photographic film base California Plaquemine Tyrin® chlorinated polyethylene; Tennessee Fresno Agricultural seed HDPE; Nordel® hydrocarbon Chattanooga Zytel® and Minlon® nylon resins; Hayward Planarization formulations; rubber engage polyolefin ZeniteTM LCP (liquid crystal PlasmaSolv® and Posistrip® elastomer polymer) resins; industrial rubber removers Michigan Memphis Hydrogen cyanide and derivatives; Sacramento LiquiBox Constantine Agricultural seed soy protein isolate food Santa Barbara Polymer-OLED (organic light- Mount Clemens Automotive finishes ingredient; Oxone® monopersul- emitting diode) display devices fate; agricultural seed Torrance LCD enhancement Minnesota New Johnsonville Ti-Pure® titanium dioxide Walnut Creek StoneTech™ Jackson Agricultural seed Old Hickory Sontara® spunlaced products; Woodland Agricultural seed Minneapolis Soy protein-based consumer Crystar® specialty resin; food products Connecticut Biomax® hydro/biodegradable Bridgeport Security and authentication Mississippi polyester resin; polyester films solutions De Lisle Ti-Pure® titanium dioxide Texas Pascagoula Aniline and nitrololuene Delaware Bayport Kapton® polyimide film derivatives Delaware City Refinery solutions Baytown Aniline Edge Moor Ti-Pure® titanium dioxide; Nebraska Beaumont Acrylonitrile and aniline; Hypalon® ferric chloride Doniphan Agricultural seed chlorosulfonated polyethylene Newark York Agricultural seed Corpus Christi Suva® refrigerants; Formacel® Pencader Vespel parts and shapes ® blowing agents; Dymel® aerosol New Jersey Stine-Haskell Lab Research propellants Deepwater Specialty and performance Tralee Park Kalrez® perfluoroelastomer parts Houston Powder coatings; crop protection chemicals; fluorochemicals; Wilmington Corporate headquarters, LaPorte Elvanol® polyvinyl alcohol resins; elastomers; industrial chemicals customer service center crop protection; fluorochemicals Parlin Cyrel®, Digital Cyrel®, and Experimental Station Research and development Orange Specialties and polymer; ethylene Cyrel®FAST flexographic printing copolymers Florida plates and Cyrel® round printing Plainview Agricultural seed Lake Wales LiquiBox sleeves; Teflon® and Autograph® Victoria Ethylene copolymers Starke Zircon; Starblast® abrasives nonstick coatings; Pyralin® Weslaco Agricultural seed polyimide coatings Georgia Utah Valdosta Crop protection New York Logan Holographic optical elements Buffalo Corian® solid surfaces; Tedlar® Hawaii and security authentication PVF film holograms Kekaha Agricultural seed Niagara Falls Sodium and lithium Waialu Agricultural seed Virginia Rochester Ink jet inks Front Royal Automotive finishes Idaho North Carolina Hopewell Polyester films Nampa Agricultural seed Fayetteville Butacite® polyvinyl butyral James River Sulfur products and specialty acids Illinois interlayer; Nafion® ion exchange Richmond Polyester films; Tyvek® brand El Paso Crop protection membranes; polyester film protective material; Kevlar® Gibson City Soy protein concentrate Laurel Hill Industrial rubber brand fiber; Nomex® brand fiber food ingredient Laurinburg Agricultural seed and paper; Zytel® and Minlon® Good Hope Agricultural seed nylon resins Research Triangle Park Electronic materials R&D and Le Roy Agricultural seed customer service center Washington Litchfield Agricultural seed Whiteville Industrial rubber Connell Agricultural seed McLeansboro Agricultural seed Princeton Agricultural seed North Dakota West Virginia Shelbyville Agricultural seed Wahpeton Agricultural seed Belle Dymel® aerosol propellants; St. Joseph Agricultural seed methylamines/methylamides; Ohio Utica Agricultural seed dimethyl sulfate; glycolic acid; Ashland LiquiBox Woodhull Agricultural seed Vazo® initiators Bellevue Soy protein concentrate Parkersburg Teflon® and Tefzel® fluoropolymers; Indiana food ingredient Butacite® polyvinyl butyral Mt. Vernon Agricultural seed Circleville Vespel® parts and shapes; Kapton® interlayer; Zytel® and Minlon® Plymouth Agricultural seed polyimide film; polyester films; nylon resins; Delrin® acetal Remington Soy protein concentrate Teflon® fluoropolymer resins; Rynite® PET and Crastin® food ingredient Cleveland Vespel® parts and shapes PBT polyester resins; Hytrel® Rushville Agricultural seed Dayton Polymers for IC photoresists polyester elastomer; ZeniteTM Tipton Agricultural seed Fort Hill Sulfur products and specialty LCP (liquid crystal polymer) Worthington Agricultural seed acids resins; Tynex® filaments Grand Rapids Agricultural seed Iowa Upper Sandusky LiquiBox Puerto Rico Algona Agricultural seed Washington LiquiBox Manati Crop protection; microcircuit Cherokee Agricultural seed materials; Fodel® thick film Durant Agricultural seed Oklahoma photo-printable compositions Dysart Agricultural seed Pryor Soy protein concentrate Fort Madison Automotive finishes; ink jet inks food ingredient Hedrick Agricultural seed Pennsylvania Johnston Agricultural seed Elizabethtown Agricultural seed Marengo Agricultural seed Towanda Riston® dry film photoresists and Mt. Pleasant Agricultural seed Pyralux® flexible laminates; Reinbeck Agricultural seed Cromalin®, Dylux®, Thermal 4- Renwick Agricultural seed Color proofing; Cyrel® cover Toledo Agricultural seed sheets, Inkjet barrier films, Waterloo Agricultural seed Green TapeTM low temperature Kentucky co-fired ceramic; photopolymer Louisville Neoprene synthetic rubber; holographic film fluorochemicals; soy Rhode Island protein-based industrial North Kingstown Specialty chlorine dioxide polymer products Wurtland Sulfur products and specialty acids 40
  • 43. On the Cover: This Yuzen-dyed kimono, depicting various elements of nature, represents a 300-year-old history and tradition in Kyoto, Japan. Now DuPont™ Artistri™ digital printing for textiles blends an ancient art with 21st century technology to create stunning kimono silk judged in competition and in the marketplace to be comparable to silk printed using traditional methods.
  • 44. DuPont Investor Relations 1007 Market Street Wilmington, DE 19898 (302) 774 4994 Fax: (302) 773 2631 Copyright© 2006 DuPont. All Rights Reserved. The DuPont Oval Logo, DuPont™, The miracles of science™ and all products denoted with ™ and ® are trademarks or registered trademarks of DuPont or its affiliates. K-05807