Press Release - Dupont

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E.I. duPont de Nemours and Company (DuPont) (NYSE: DD)offers a range of products and services for markets, including agriculture and food, building and construction, electronics and communications, general industrial and transportation.

The Company consists of 13 businesses, which consists of its segments. DuPont operates in seven segments: Agriculture Nutrition, Electronics Communications, Performance Chemicals, Performance Coatings, Performance Materials, Safety Protection, and Pharmaceuticals. The Company also includes certain embryonic businesses, such as Applied BioSciences and non-aligned businesses in Other.

In January 2011, DuPont and its wholly owned subsidiary, DuPont Denmark Holding ApS, entered into an agreement for the acquisition of Danisco A/S (Danisco). In 2010, the Companys Safety Protection's business completed the acquisition of MECS, Inc.

Company Website: www.dupont.comCorporate Responsibility Website: Sustainability at DuPont

Former DuPont Employee Sentenced to U.S. Federal Prison for Trade Secrets Theft

Mar 19, 2010 9:28 AM CDT

(Justmeans.com / CSR News) - Yesterday, DuPont Senior Vice President and General Counsel Tom Sager issued the following statement after former employee Michael Mitchell was sentenced to 18 months in U.S. federal prison and restitution to DuPont for fees and costs spent on the case following pleading guilty in U.S. Federal Court in Richmond, Va., to Theft of Trade Secrets and Obstruction of Justice.

“In 2007, we became concerned about the activities of Michael Mitchell, who left DuPont in early 2006 and was working on behalf of Kolon Industries, a Korea-based competitor to our DuPont™ Kevlar® branded products. We notified the FBI and the Department of Commerce of our concern and have cooperated with them and the Department of Justice in their ensuing federal investigation. In February 2009, we filed a civil lawsuit against Kolon Industries for Theft of Trade Secrets. We appreciate the diligence of the FBI, the Department of Commerce, and the Department of Justice in prosecuting this matter.

“Thursday's sentencing of Michael Mitchell, following his guilty plea in December, confirms that DuPont proprietary information had been stolen and provided to Kolon. The FBI investigation has revealed that, in August 2008, three Kolon managers flew to Richmond, the location of our global Kevlar® technology and business headquarters, expressly for the purpose of obtaining confidential DuPont process technology. Kolon should now fully cooperate with the federal authorities and with DuPont to ensure the complete return of all DuPont proprietary information.

“As a market-driven science company, DuPont has policies and processes that are designed to protect our technologies and we will aggressively pursue anyone who tries to steal our intellectual property. Kevlar® technology and products are not only important to DuPont but also to our customers and especially to those whose lives they protect. Those customers expect us to invest in innovation and to conduct business with the highest ethical standards, and we will continue to fulfill those expectations.”

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SOURCE Dupont