DuPont, the $35-billion US-based chemical giant, is eyeing the Indian industrial biosciences business. It has already identified the textile, household and fabric care, and animal nutrition business for partnership with local companies. DuPont plans to sell its bio-based solutions and technologies to Indian companies.
Its products include renewably sourced materials such as fibre, which is used in fabrics and carpets, and bioactive products such as enzymes.
"With a growing global population putting increased pressure on existing resources in food, materials and fuels, we need to rethink the way we consume and sustainably produce the resources over the long-term," Jim Collins, president of DuPont Industrial Biosciences business, told reporters here today.
These products can be used by textile, chemical and poultry companies ranging from Reliance Industries to Godrej. DuPont Industrial Biosciences is also innovating with new technologies to drive sustainability with energy and water-use savings in industrial processes.