Welcome to our dedicated page for DuPont de Nemours news (Ticker: DD), a resource for investors and traders seeking the latest updates and insights on DuPont de Nemours stock.
DuPont de Nemours, Inc. (NYSE: DD) is a pioneering global company specializing in science-based products and services. Founded in 1802, DuPont leverages cutting-edge science to craft sustainable solutions that enhance safety, health, and overall quality of life. Operating in over 90 countries, DuPont's extensive product portfolio spans multiple industries, including agriculture, construction, electronics, and transportation.
In 2019, DuPont emerged from the DowDuPont merger and subsequent separations, establishing itself as a leader in specialty chemicals. The company's portfolio includes advanced materials and high-performance solutions that cater to industries like healthcare, automotive, and safety and protection. DuPont is undergoing a strategic transformation, planning to split into three standalone companies by mid-2026. These new entities will focus on electronics, water solutions, and diversified markets.
Recent achievements highlight DuPont’s commitment to innovation and strategic partnerships. In March 2024, DuPont renewed its engagement with Silicon Catalyst, an incubator for semiconductor solutions, reinforcing its position in the electronics sector. The partnership provides DuPont with critical insights into emerging semiconductor technologies, driving forward its innovation agenda.
On the leadership front, Sam Ponzo, Vice President and General Manager of DuPont Industrial Solutions, was inducted into The Executive Leadership Council, reflecting the company’s ongoing commitment to leadership and diversity.
DuPont's collaboration with Menatek Defense Technologies exemplifies its innovative edge. The two companies announced a partnership to develop NAZ Bearings®, a self-lubricating, maintenance-free bearing for use in extreme conditions, enhancing DuPont’s presence in the global bearing market.
DuPont continues to drive sustainable design with its Corian® Design division, unveiling new color collections in 2024 that incorporate recycled content. This initiative underscores DuPont's dedication to integrating sustainability with aesthetic innovation.
Financially, DuPont reported robust results for Q1 2024, with better-than-expected volumes and significant cash flow improvements. The company raised its financial guidance for the year, anticipating continued growth driven by the recovery in electronics and industrial markets.
Notably, DuPont plans to separate into three distinct entities by 2026, with each company benefiting from increased focus and agility. The planned companies will include a diversified industrial entity, a leader in electronic materials, and a comprehensive water solutions provider. This strategic move aims to unlock shareholder value and provide targeted growth opportunities for each segment.
DuPont remains a global innovation leader, committed to advancing its technology-based materials and solutions to transform industries and everyday life. More information about DuPont, its businesses, and solutions can be found at www.dupont.com. Investors can access detailed information on the Investor Relations section of the company’s website at investors.dupont.com.
DuPont Water Solutions has received the Global Sustainability Leadership Award for implementing UN SDG-6: Water for All from the International Desalination and Reuse Association (IDRA). The award recognizes DuPont's contributions to sustainable water management and universal access to clean water.
The company's impact includes helping solve water issues in Cristo Rei, Brazil, supporting the world's largest nanofiltration plant in JiaXing City, China, and assisting Carlsberg in eliminating wastewater. DuPont introduced the Water Solutions Sustainability Navigator, a digital tool for comparing water treatment scenarios' sustainability impacts.
DuPont's technologies currently purify over 50 million gallons of water per minute across 112 countries. The company also supports communities through partnerships with Water.org and WaterEquity, including projects in Tanzania and Kenya providing clean water access to thousands.
DuPont Water Solutions has presented a case study using the World Business Council for Sustainable Development (WBCSD) Avoided Emissions Guidance to measure carbon-avoiding solutions in the water sector. The study focuses on their FilmTec™ BW30 PRO-400 reverse osmosis elements, introduced in 2022, which operate at lower pressures than previous versions, reducing energy consumption and carbon emissions for customers.
The analysis was conducted using DuPont's Sustainability Navigator, launched in September, which helps users compare different water treatment scenarios' impact on sustainability indicators. The calculations were validated by LRQA, a global assurance provider. DuPont Water Solutions was named Water Technology Company of the Year at the 2023 Global Water Awards.
DuPont and Habitat for Humanity International announced the renewal of their annual global partnership. In 2023, DuPont provided $400,000 to support local Habitat affiliates globally and donated over $600,000 in building products to 35 local affiliates in the US and Canada, helping 195 families. For 2024, DuPont committed $200,000 in cash and $600,000 in product donations for 19 US projects. Since 2019, DuPont has contributed $2.5 million in cash and $5.5 million in products, with 1,800 employees volunteering. The partnership focuses on providing energy-efficient building materials like Styrofoam™ Brand Insulation and Great Stuff™ Insulated Foam Sealant to help families build affordable, energy-efficient homes.
DuPont will showcase its innovative electronics portfolio at Electronica 2024, the world's premier electronics trade fair in Munich from November 12-15. The company's presentation, themed 'One Stop Powerhouse for Advanced Interconnect and Thermal Management,' will feature key products including Laird Performance Materials, Solderon™ and Silveron™ metallization processes, Silver Nanowire Technologies, and Pyralux® Flexible Laminates. The exhibition will highlight solutions for advanced computing, AI, automotive applications, and printed circuit boards, focusing on thermal management and signal integrity challenges.
DuPont has launched Tyvek® with Renewable Attribution (RA), an extension of its healthcare packaging portfolio featuring a reduced carbon footprint. The improvement comes from partially replacing fossil fuel feedstock with certified bio-circular feedstock in raw materials production, using mass balance approach certified by ISCC PLUS. The product maintains the same performance while enabling lower CO2 emissions compared to current Tyvek® products. DuPont's Tyvek® facilities in Richmond, Virginia, and Luxembourg have achieved ISCC PLUS Certification, ensuring credible tracking of bio-circular feedstocks. This initiative aligns with DuPont's commitment to achieve net-zero carbon emissions by 2050.
DuPont (NYSE: DD) reported strong Q3 2024 financial results with net sales of $3.2 billion, up 4% year-over-year, and organic sales growth of 3%. The company achieved GAAP income from continuing operations of $480 million and operating EBITDA of $857 million. Notable performance includes GAAP EPS of $1.13 and adjusted EPS of $1.18. Cash flow from operations reached $737 million. The Electronics & Industrial segment showed impressive growth with 10% organic sales increase, while Water & Protection saw a 2% decline. DuPont raised its full-year 2024 guidance, now expecting operating EBITDA of about $3.125 billion and adjusted EPS of $3.90.
DuPont Canada President Wendy Andrushko has been named among Canada's Most Powerful Women: Top 100 Award recipients by the Women's Executive Network (WXN) in the Executive Leadership category. The award recognizes women leaders who transform industries and champion others.
In her role, Andrushko oversees innovation, growth, and sustainability programs across DuPont's Canadian facilities and leads the global Customer Experience Team for the Electronics & Industrial segment. With over 30 years of experience, she serves on multiple boards including the Business Council of Canada and the Chemistry Association of Canada.
The award ceremony will take place at the 22nd annual Top 100 Awards Gala at the Fairmont Royal York Toronto on Nov. 27, 2024.
DuPont has received the 2024 Best Partner Award from Samsung Electronics in the Innovation category for developing advanced polishing pads for semiconductor fabrication. The award was presented at Samsung's third annual Material-day event. DuPont's innovative CMP pads in the Ikonic™ pad family enable effective polishing of semiconductor wafers, supporting advancements in AI, 5G, and data centers.
The company continues to invest in developing new products for technical performance, process efficiency, and sustainability. This recognition follows their 2023 Best Partner Award in the ESG category for contributions to sustainable semiconductor materials development.
DuPont (NYSE: DD) and Zhen Ding Technology Group have signed a strategic cooperation agreement to advance printed circuit board (PCB) technology development. The partnership aims to enhance end-user applications, advance R&D, improve material performance, and promote sustainable development in the electronics sector. The companies will collaborate on smart manufacturing, corporate governance, and sustainability initiatives. DuPont, a leader in advanced interconnects and thermal management, will leverage its expertise in chip fabrication and packaging solutions, while Zhen Ding contributes its technical expertise in the global PCB industry.
DuPont (NYSE:DD) will showcase advanced circuit materials at the 2024 TPCA Show in Taipei from October 23-25. Located at Booth #K409, DuPont will present solutions for fine line applications, advanced packaging, signal integrity, and thermal management. A session titled "Shaping Our Future with AI by Next-Gen Substrate and Packaging" will be held at the IMPACT Conference, featuring speakers from industry leaders like Taiwan Semiconductor Manufacturing Company and Samsung Electronics. Key innovations include bump plating technology for HBM and 2.5D/3D packaging and a novel seed layer method for glass substrates using a polymer-based adhesion promoter. These advancements aim to enhance AI functionalities by improving data computation and transfer speed and reliability. DuPont's participation emphasizes themes of fine line technology, advanced packaging, and signal integrity & thermal management, important for AI applications.
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