At the second anniversary of the DuPont Thailand Innovation
) Senior Vice President and Chief Science & Technology
Officer highlighted the importance of the role of DuPont's
integrated science in solving some of the world's greatest
challenges. The attendees of the program were business partners,
academic thought leaders and government officials.
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The Thailand Center has generated more than 100 new ideas and
projects and has welcomed over 1,500 visitors from over 300
organizations ever since it's opening in Aug 2011. By connecting
the integrated science to local market needs, DuPont's Innovation
Centers have created value for its customers.
DuPont mentioned its collaboration with three local partners - L
Solar 1 Co., Ltd, Smart Green Energy Co. Ltd, and Infinite Green
Co., Ltd - as examples of using solar energy to provide local
solutions. The other examples include the collaborations on solar
farm projects in Prachin Buri Province, Chaiyaphum Province and
Saraburi Province, respectively.
Moving forward, the innovation center will work with other local
partners to deliver photovoltaic rooftop solutions to serve
commercial and residential buildings. The center has also entered
into collaborations to find solutions for the customers in other
Apart from collaborations in solar energy, the innovation center
has allowed collaborations in DuPont SentryGlas laminated glass
for construction, Rely+On Virkon cleaners and disinfectants for
livestock, Fermasure for industrial alcohol fermentation, Nomex
fire protection suits, and Tyvek graphics and packaging.
DuPont's solar energy collaboration is aligned with Thailand's
10-Year Alternative Energy Development Plan. The purpose for this
collaboration is to drive the national economy and build up
national energy security. It also aims to attain a renewable
energy mix of 25% of overall energy consumption by 2021.
According to the Thailand Ministry of Energy, the country has
great potential for developing solar energy to minimize the
dependency on imported energy and to reduce greenhouse gas
The DuPont Thailand Innovation Center is one of 12 DuPont
innovation centers that enable the company to customize products
and form partnerships and collaborations with academia,
governments and other institutions all over the globe. The
innovation centers mainly focuses on three markets - Agriculture
and Food, Automotive, and Construction.
DuPont carries a Zacks Rank #3 (Hold).
Other companies in the chemical industry having favorable Zacks
Cytec Industries Inc.
Northern Technologies International Corp.
Eastman Chemical Co.
). All of them carry a Zacks Rank #2 (Buy).