Thursday March 15, 2012
DuPont has centre of excellence plan for KL
“Under this concept, DuPont Malaysia will tap the vast pool of knowledge and resources that the country has throughout the palm oil industry value chain, including the downstream derivatives sector,” he said during a media briefing.
Ong said there was no timeframe on when the centre would be set up, although he hinted that it would be soon.
“The centre of excellence concept will start off initially as a virtual centre, leveraging the capability of information technology to initiate collaborations with key industry players, research and development institutions and universities,” he said.
He added that one of the key objectives of this centre of excellence was to promote oil palm as a significant adjacent crop to DuPont and to identify areas of potential synergies that could leverage DuPont sciences through global collaboratory process on providing potential solutions to industry players.
Later, he said the group’s 2012 priorities in the country were to bring sustainable innovative solutions in the palm oil, agriculture, energy, electronic and communications, nutrition and health and packaging industries that fit with the country’s growth.
The group is part of US chemical company DuPont that had posted global sales of US$38bil (RM114bil) in 2011.
DuPont’s business includes agriculture, performance chemicals, performance materials and performance coatings.
Ong declined to reveal the amount of sales contribution from Malaysia towards DuPont’s global sales for last year, but said the country was one of the significant contributors.