Dupont De Nemours Inc Q4 2020 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : Just a follow-up on the water treatment side, the Water Solutions side, so you indicated there were some order delays just around capital projects being delayed. I guess, can you quantify that a little bit or kind of frame it for us a little bit? And also, can you speak to the visibility that you have in this business, how far out you can actually see and how you see 2021 as a whole playing out this year?

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : And then just a follow-up on -- in your comments earlier around the hope of getting the gross margins to, at some point, getting them pretty close to 40% or above, with a lot of that tied to -- or it sounds like a disproportionate amount tied to S&C, so I guess just back at the envelope that kind of says S&C starts to see margins at some point in the low to mid-30s, which is obviously a notable jump from kind of where we are. REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 09, 2021 / 1:00PM, DD.N - Q4 2020 Dupont De Nemours Inc Earnings Call I guess what are the -- is it just operational improvement that gets you there? Is it mix improvement as some of these higher-margin businesses like water really start to accelerate? I guess how do you get to those types of levels, if that's what you're really targeting, I would say, whatever, over the next 2 to 3 years?