February 11, 2009

DuPont likely won't bounce back from the economic slump this year, though it stands to benefit from a stimulus package under debate in Congress, the chemical maker's chief financial officer said Tuesday.

"We're not immune from this recession," Jeffery Keefer said at the Barclays Industrial conference in Miami. "We do not expect recovery in 2009."The Wilmington, Del.-based company, also known as EI DuPont de Nemours & Co., said last month it swung to a fourth-quarter loss as sales and volumes fell sharply.