DuPont Applauds U.S. Senate for Passage of Permanent Normal Trade Relations Status for Russia

Fri Dec 7, 2012 5:45am EST

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WILMINGTON, Del., Dec. 7, 2012 (GLOBE NEWSWIRE) -- via PRWEB - DuPont congratulates the U.S. Senate for passage of the Russia and Moldova Jackson-Vanik Repeal Act of 2012, clearing the way for the establishment of Permanent Normalized Trade Relations for Russia (PNTR).

"This action will provide U.S. companies with equal access to the rapidly growing Russian market as enjoyed by Asian and European companies," said Barry M. Granger, vice president, DuPont Government Marketing & Government Affairs. "We look forward to President Obama signing the bill, and the expanded opportunities to deliver our science-based solutions for food, energy and protection to the Russian market."

Russia is a key growth market for DuPont. DuPont recently opened an Innovation Center in Moscow that will focus on science-powered innovation related to food, construction, oil and gas, rail and automotive industries. It also will provide a unique environment for collaboration by connecting our customers in Russia to our scientists around the world, which will help redefine existing products, open new market segments and increase the company's rate of innovation.

DuPont (NYSE:DD) has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment. For additional information about DuPont and its commitment to inclusive innovation, please visit http://www.dupont.com.

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CONTACT: DuPont
         Tara Stewart
         tara.c.stewart@usa.dupont.com
         302-774-4335