DuPont performance materials sales drops in 2016

DuPont Co.’s Performance Materials unit posted a small sales loss in 2016, while the unit’s operating earnings jumped almost 7%.

Full-year sales for Performance Materials were down 1% to $5.25 billion (€4.88 billion). That total ranked second among six operating units for Wilmington, Delaware-based DuPont, representing about 21% of the firm’s total sales.

Performance Materials’ operating earnings for 2016 grew almost 7% to just under $1.3 billion (€1.2 billion). That also ranked second among DuPont units, bringing in almost 27% of the firm’s total.

In a 24 Jan…

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