Nearly half of DPC’s $4.281bn of revenue in 2011 came from the auto refinish segment while auto OEM turned in roughly 30 percent of sales. The remaining sales were split between liquid and powder coatings segments serving general industrial applications. Sales were up from $3.8bn when compared to prior year.
After-market coatings products are marketed using the DuPont Standox , Spies Hecker, Cromax Pro and Nason brand names. Standox , Spies Hecker and Cromax Pro are focused on the high-end motor vehicle after-markets, while Nason is primarily focused on economy coating applications. The segment has several large customers, primarily in the motor vehicle OEM industry supply chain.
Performance Coatings segment sales outside the U.S. accounted for 75 percent of the segment's total sales in 2011.
The segment experienced continued recovery with auto builds across the globe increasing three percent in 2011, primarily driven by an improvement of nine percent in North America. Volume growth primarily reflects increased demand for OEM motor vehicle coatings and industrial coatings, particularly in the North American heavy-duty truck market.
During the year Nissan North America, Inc. (NNA) launched its nationwide Nissan Certified Collision Repair Network, a new certification program open to both dealer-owned and independent collision shops. Nissan teamed up with DuPont Performance Coatings to assist in the implementation of the program’s certification process and I-CAR, the Inter-Industry Conference on Auto Collision Repair, to conduct technician training. Once a facility has successfully completed the application process, the shop manager will be contacted to set up a meeting to review the enrollment and inspect the facility. A DPC representative will conduct a comprehensive inspection of the facility to ensure that all standards will be met. For participating collision shops, the Nissan Certified Collision Repair Network delivers the opportunity for the repair facility to attract new customers and to generate additional business from their existing base.
DuPont launches innovation center in India
DuPont announced the official opening of the India Innovation Center in Pune in 2011. DuPont India Innovation Center is a forward-looking initiative by the global science-based company to expand its strategic footprint to fuel local collaboration in support of India's fast growing automotive industry.
DuPont India Innovation Center's primary focus is on the automotive segment; and it acts as a collaborative platform for automotive OEMs and component and system manufacturers to come together to support the Indian automotive industry. The center's goal is to partner for science-powered solutions that fuel innovation and application development together with customers and partners.
The new center will work to develop products and solutions in areas of sustainability, lightweight, improved performance, alternative drive, safety, and comfort and design.
The DuPont India Innovation Center is one among four new global DuPont Innovation Centers in Asia Pacific. The other three centers in Asia Pacific are located in South Korea, Taiwan and Thailand. Taiwan focuses on the electronics and communications markets, and Thailand's center will be working on programs around renewable energy initiatives and products. Other centers in Latin America, Europe and North America are in the planning pipeline.
YEAR ESTABLISHED: 1802
REVENUE: $4.281 billion (2010: 3.8bn)
• Automotive OEM
• Collision repair
• Industrial coatings
Ellen Kullman, DuPont chair of the board and CEO; DuPont Performance Coatings executives: John McCool, president; K. Peter Hurd, VP, supply chain; Lewis Manring, VP, global technology; Thierry Vanlancker, VP, EMEA; Jorge Cossio, VP, Latin America; Nigel Budden, business director, North America; Eric Degenfelder, business director, Asia Pacific.