DuPont Co. (Wilmington, DE) is consolidating two of its plastic-related businesses into one unit as part of its efforts to reduce costs and improve efficiency. The combined DuPont Packaging & Industrial Polymers and DuPont Performance Polymers businesses—which will comprise the DuPont Performance Materials reporting segment—will be led by Patrick E. Lindner, currently president of DuPont Performance Polymers.
| Ed Breen, interim CEO.
DuPont will continue to have six reporting segments and the consolidation will be effective Jan 1.
The consolidation comes less than a month after Edward Breen took over as the company's interim chief executive, following CEO Ellen Kullman's resignation on Oct. 5.