DuPont

This article is about the chemical company. For other uses, see Dupont (disambiguation).
"DowDuPont" redirects here. For the companies split from DowDuPont in 2019, see Dow Chemical Company and Corteva.

DuPont de Nemours, Inc.
Company typePublic
ISINUS26614N1028
IndustryChemicals
Predecessors
Founded
  • July 1802; 222 years ago (1802-07) (as E. I. du Pont de Nemours and Company)
  • September 1, 2017; 7 years ago (2017-09-01) (as DowDuPont)
  • June 1, 2019 (2019-06-01) (as DuPont de Nemours Inc.)
HeadquartersWilmington, Delaware, U.S.
Area served
Global
Key people
Edward D. Breen (executive chairman)
RevenueDecrease US$12.1 billion (2023)
Decrease US$747 million (2023)
Decrease US$462 million (2023)
Total assetsDecrease US$38.6 billion (2023)
Total equityDecrease US$24.3 billion (2023)
Number of employees
c. 24,000 (2023)
Websitedupont.com
Footnotes / references
[1]

DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in the development of the U.S. state of Delaware and first arose as a major supplier of gunpowder. DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kapton, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona, Corfam and Lycra in the 20th century, and its scientists developed many chemicals, most notably Freon (chlorofluorocarbons), for the refrigerant industry. It also developed synthetic pigments and paints including ChromaFlair.

In 2015, DuPont and the Dow Chemical Company agreed to a reorganization plan in which the two companies would merge and split into three. As a merged entity, DuPont simultaneously acquired Dow and renamed itself to DowDuPont on August 31, 2017, and after 18 months spun off the merged entity's material science divisions into a new corporate entity bearing Dow Chemical's name and agribusiness divisions into the newly created Corteva; DowDuPont reverted its name to DuPont and kept the specialty products divisions. Prior to the spinoffs it was the world's largest chemical company in terms of sales. The merger has been reported to be worth an estimated $130 billion.[2][3][4] The present DuPont, as prior to the merger, is headquartered in Wilmington, Delaware, in the state where it is incorporated.[5][3][4][6][7]

  1. ^ "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 15, 2024.
  2. ^ "Dow, DuPont complete planned merger to form DowDuPont". Reuters. September 1, 2017. Archived from the original on September 11, 2017. Retrieved September 9, 2017.
  3. ^ a b Tullo, Alexaner H. (August 31, 2017). "Historic DowDuPont merger nears". Chemical and Engineering News. p. 13. Archived from the original on August 31, 2017. Retrieved August 31, 2017.
  4. ^ a b Steve, Carmody (August 31, 2017). "Dow-DuPont merger becomes official". Michigan Radio. Archived from the original on September 1, 2017. Retrieved September 1, 2017.
  5. ^ "10-K". 10-K. Archived from the original on January 5, 2021. Retrieved July 29, 2020.
  6. ^ Cite error: The named reference dvisions was invoked but never defined (see the help page).
  7. ^ "DowDuPont Dissolution". DuPont. June 1, 2019. Retrieved December 13, 2021.