DuPont opens office in Yekaterinburg
The company is the third largest of its kind in the world, and it also has offices in the Russian cities of Moscow, St. Petersburg and Rostov-on-Don.
DuPont will be able to strengthen its ties to local customers and partners with its new location in the area, which has a high concentration of industry and infrastructure.
"Our new office in Yekaterinburg builds on a series of DuPont investments to grow our business in developing markets," Jiri Lang, the managing director of DuPont Russia, said. "Over the past several years the company has been investing in developing markets and leveraging our technology. In 2012, global sales reached $34.8 billion and growth rates in developing markets doubled those in developed ones. We see solid growth opportunities in Russia and in the promising Ural region in particular, and we believe our science capability and solid knowledge can play a critical role in further country's development."
DuPont, the creator of such polymers as Teflon, Lycra and Mylar, is headquartered in the U.S. state of Delaware and holds assets valued at nearly $40 billion.
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