DuPont 2009 Annual Report Download - page 3

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Part I
ITEM 1. BUSINESS
DuPont was founded in 1802 and was incorporated in Delaware in 1915. DuPont is a world leader in science and
innovation across a range of disciplines, including agriculture and industrial biotechnology, chemistry, biology,
materials science and manufacturing. The company operates globally and offers a wide range of innovative products
and services for markets including agriculture and food, building and construction, electronics and communications,
general industrial, and transportation. Total worldwide employment at December 31, 2009, was approximately 58,000
people.
During the fourth quarter of 2009, the company consolidated its 23 businesses and six reportable segments into
13 businesses, aggregated into 7 reportable segments based on similar economic characteristics, the nature of the
products and production processes, end-use markets, channels of distribution and regulatory environment. The
company’s reportable segments are Agriculture & Nutrition, Electronics & Communications, Performance Chemicals,
Performance Coatings, Performance Materials, Safety & Protection, and Pharmaceuticals. The company includes
certain embryonic businesses not included in the reportable segments, such as Applied BioSciences, and nonaligned
businesses in Other.
Information describing the business of the company can be found on the indicated pages of this report:
Item Page
Segment Reviews
Introduction 26
Agriculture & Nutrition 26
Electronics & Communications 28
Performance Chemicals 30
Performance Coatings 31
Performance Materials 32
Safety & Protection 33
Pharmaceuticals 34
Other 35
Geographic Information – Net Sales and Net Property F-49
Segment Sales, Net Sales, Pre-tax Operating Income and Segment Net Assets F-50
The company has operations in approximately 80 countries worldwide and about 60 percent of consolidated net sales
are made to customers outside the United States of America (U.S.). Subsidiaries and affiliates of DuPont conduct
manufacturing, seed production, or selling activities and some are distributors of products manufactured by the
company.
Sources of Supply
The company utilizes numerous suppliers as well as internal sources to supply a wide range of raw materials, energy,
supplies, services and equipment. To ensure availability, the company maintains multiple sources for fuels and many
raw materials, including hydrocarbon feedstocks. Large volume purchases are generally procured under competitively
priced supply contracts.
The company’s wholly-owned subsidiary, Pioneer Hi-Bred International, Inc. (Pioneer), operates in the seed industry
and has seed production facilities located throughout the world. Seed production is performed directly by the company
or contracted with independent growers and conditioners. The company’s ability to produce seeds primarily depends
upon weather conditions and availability of reliable contract growers.
The major commodities, raw materials and supplies for the company’s reportable segments in 2009 include the
following:
Agriculture & Nutrition:
benzene and carbamic acid related intermediates; copper; insect control products; natural gas; soybeans; soy
flake; soy lecithin; sulfonamides; corn and soybean seeds
2