DuPont Says Autos, Electronics to Drive Sales Gains

DuPont Co., the third-biggest U.S. chemical maker, said second-half sales will rise on better-than- expected automobile production and continued demand for materials used in electronics and paint.

Global auto output will increase 17 percent this year, more than a previous forecast of 13 percent, Chief Executive Officer Ellen Kullman said today on a conference call with analysts. Improved vehicle production helps the coatings unit, the world’s biggest maker of auto paint, and the performance-materials unit, which makes plastic for car parts and packaging.

Company sales will increase more than 15 percent this year, compared with a previous forecast of 10 percent and a second- quarter gain of 26 percent, Kullman said.

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- Posted: 2010-07-27 15:35:48

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