DuPont has opened two new offices in Casablanca and Tangier as part of the companys? growth strategy to expand into key developing markets.
Economic environment
Morocco's solid economic environment and its preference for new technologies and practices that achieve sustainable development make it a perfect market for DuPont to consolidate its diverse, multi-industry offerings, the company said in a statement.
Strategic choice
Speaking at the opening ceremony in Casablanca, Ian Hudson, DuPont President Europe, Middle East and Africa described Morocco as a strategic choice for DuPont in the Maghreb and said; "Our new offices in Morocco build on a series of DuPont investments to grow our business in developing markets. Over the past several years, we have invested in developing markets and leveraged our technology."
Financial results
"Our full-year financial results were very strong. Sales of US$38 billion were up 20 per cent vs. 2010, with a 27 per cent increase in developing markets. DuPont sees solid growth opportunities in Morocco and we believe our science can play a critical role in the country."
Building partnerships
"Our local presence will enable us to build direct relations with existing and potential local customers and partners such as the Office Ch?rifien des Phosphates (OCP) ? the world's largest exporter of phosphate rock-, or Renault Nissan Alliance."
"We have been focusing on partnering with key local industries such as safety and protection, clean technologies, construction, transportation and food and agriculture. This office investment is a reflection of the right economic environment and customer demand for our diverse offerings" stated Xavier Ciurana, Country Leader DuPont Morocco SAS."
Tangier office
The company's other office, DuPont Tangier Free Zone SAS (DTZF), is located close to the new Renault Plant which produces Renault/Dacia brands.
"Our office is a great opportunity for us to create and strengthen collaborative relationships with the Renault Nissan Alliance," stated Christian Zoch, General Manager DTFZ.
