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Article: DuPont Joint Venture to Explore Use of Renewable Resources.
- Article from:
- The Philadelphia Inquirer (Philadelphia, PA)
- Article date:
- May 27, 2004
CopyrightCOPYRIGHT 2004 The Philadelphia Inquirer. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Harold Brubaker
May 27--Just weeks after shedding the textiles-and-fibers business that sustained it through much of the 20th century, DuPont Co. yesterday announced a significant step toward the production of industrial materials from renewable resources.
The Wilmington company said it had formed DuPont Tate & Lyle BioProducts L.L.C., a joint venture with Tate & Lyle P.L.C., to build a factory in Tennessee that will ferment corn to produce a raw material for a new polymer.
DuPont, under chief executive officer Charles O. Holliday Jr., has staked its future on integrating biology with the 202-year-old company's traditional strengths in ...