DuPont-Dow elastomers split is effective from July 1

Geneva, Switzerland--DuPont Dow Elastomers, the joint venture company between DuPont and The Dow Chemical Company, will become a wholly owned subsidiary of DuPont and will be called DuPont Performance Elastomers, effective from 1 July 2005.

DuPont Dow's current president and CEO, Jack Lewis, will continue in that role for DuPont Performance Elastomers. In announcing the company's name, Lewis said, “With the launch of DuPont Performance Elastomers, we are building on the success of the former joint venture, as a customer-focused provider of best-in-class elastomers and sealing solutions - combining the responsiveness of a small company with the commitment and reach of a global enterprise.”

DuPont Dow's Viton fluoroelastomers, Viton FreeFlowâ„¢, Kalrez perfluoroelastomer parts, Neoprene synthetic rubber, Hypalon chlorosulfonated polyethylene and Vertexâ„¢? seal technology businesses will remain with DuPont Performance Elastomers.

DuPont Dow's Engage polyolefin elastomers, Nordel hydrocarbon rubber and Tyrin chlorinated polyethylene will be part of Dow's Specialty Plastics and Elastomers business unit.

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Websiteof DuPont-Dow Elastomers