Dupont Dow Elastomers Names Director of Mergers and Acquisitions, Robert T. Sylvest, Assumes Role; Creation of New Position Underscores Commitment to Growing the Business
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Business Editors
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WILMINGTON, Del.--July 11, 2002--Dupont Dow Elastomers, a global supplier of specialty elastomers for the automotive, chemical, construction, general rubber and wire and cable industries, has named Robert T. Sylvest director of mergers and acquisitions, a new position for the company based here.
Sylvest will look for external opportunities to grow the $1 billion business, which is a joint venture between the DuPont Company and The Dow Chemical Company. He has broad knowledge of the industry including experience in business management. His 30 years of combined experience with Dow companies and DuPont Dow Elastomers includes both U.S. and international assignments.
"In recent years, DuPont Dow Elastomers has experienced internal growth with many outstanding brands recognized around the globe," Sylvest said. "Through this new department, we will look for external opportunities to grow our business by acquiring or merging with other firms in the rubber and plastics industry. The continued growth of our business is a priority."
Sylvest joined Dow in 1972 and DuPont Dow Elastomers when it was formed in 1996. He has held positions of increasing responsibility in business management, commercial development and product management. Most recently he was business development manager, located at company headquarters.
Sylvest graduated from Louisiana State University with a bachelor's degree in chemistry and computer science. He earned a master's in business administration at City University of Zurich.
DuPont Dow Elastomers is the industry leader in chloroelastomers, ethylene elastomers and fluorinated elastomers.
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