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Dupont competes with other diversified industrial and chemical companies like Dow Chemicals , 3M Company and BASF.
FORBES: DuPont Depends On Margins And Market Share
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Monsanto, Du Pont, Dow Chemicals, and LyondellBasell all clocked in gains.
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Mr. Market has noticed: Since July of last year, the Dow Jones U.S. Chemicals Index is up 50%.
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Kreinberg, who headed the performance chemicals unit, wanted Dow to dump its commodities business, arguing that it was dragging down his more profitable division.
FORBES: Who You Know
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Dow Chemical ( DOW) supplies plastic materials and chemicals to customers around the world, but North America is its largest geographic market, producing 36.4% of first quarter 2010 revenues.
FORBES: Time To Take A Chance On Dow
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Conceding the point, Dow has cut back production of chemicals in North America and is content, in effect, to collect a fee for showing the Arabs how to run a chemical plant.
FORBES: Magazine Article
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Hoechst, for instance, a chemicals giant that splurged on Merrell Dow and Marion Roussell (American and French pill-makers) has performed poorly ever since.
ECONOMIST: Deutschland ��ber alles?
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Dow contributes the technical know-how for producing plastics and chemicals, while its partners provide low-cost feedstocks and access to new markets.
FORBES: It's All About Who You Know
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Dow Chemical is well positioned to gain in the plastics and specialty chemicals sectors.
FORBES: Dow Chemical Rides To $45 On Plastic Prowess
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That gives Dow an edge, and it's one reason total exports of chemicals from the U.S. have risen.
WSJ: Export U.S. Gas, Yes or No?