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 (NYSE: DD) has announced its schedule for the release of third quarter 2024 financial results. The company will disclose its earnings at 6:00 a.m. ET on Tuesday, November 5, 2024, followed by a conference call at 8:00 a.m. ET on the same day. Investors and interested parties can access the live webcast of the event through DuPont's Investors Relations webpage.
For those who prefer to join via phone, the dial-in number is 888-440-4172 (toll-free within the U.S.) or +1-646-960-0673, with the conference ID 5994046. Following the live event, a replay of the call, along with the earnings release and supporting materials, will be made available on the company's website for future reference.
DuPont (NYSE: DD) has announced a regular quarterly dividend on its common stock. The company's Board of Directors has declared a dividend of $0.38 per share on the outstanding Common Stock (par value $0.01 per share). This dividend will be payable on December 16, 2024, to shareholders of record at the close of business on November 29, 2024.
DuPont (NYSE: DD) and Aero Tec Laboratories (ATL) have announced a collaboration to innovate the racing industry, starting with a new fuel bladder for Formula One cars. Utilizing DuPont™ Kevlar® EXO™, first introduced in April 2023 for body armor, the fuel bladder offers superior impact and abrasion resistance, reducing weight by over 20% while meeting FIA standards. ATL CEO Giles Dawson emphasized the groundbreaking nature of Kevlar® EXO™. The partnership aims to expand these innovations to other racing sectors like NASCAR, IndyCar, and Le Mans.
DuPont (NYSE:DD) has announced the appointment of two technology leaders, Dr. Deyan Wang and Nicholas Sands, as DuPont Laureates, the company's highest technical designation. This recognition is based on their significant contributions to DuPont's business success and innovation leadership.
Dr. Wang, from DuPont Electronics & Industrial, has a 30-year career in the electronic materials industry. He has created three revolutionary technology platforms and holds over 58 U.S. patents. Nicholas Sands, from DuPont Water & Protection, is an expert in Automation & Process Control with a 34-year career. He has contributed to over $1 billion in capital projects and played a key role in developing industry standards for Alarm Management.
Both laureates have demonstrated exceptional technical and business leadership, translating their knowledge into significant impacts for global customers and driving innovation across various industries.
DuPont (NYSE:DD) has filed a complaint with the United States International Trade Commission (ITC) against Xiamen Dangsheng New Materials, Jiangsu Qingyun New Materials, and their affiliates. The complaint aims to block the importation of products that infringe on DuPont's intellectual property related to its Tyvek® brand and products.
DuPont is requesting the ITC to investigate its claims and issue a general exclusion order to bar the importation of any infringing materials into the United States. This would include all applications where the infringing material is imported as a stand-alone product or incorporated into a converted or finished good.
The company emphasizes its commitment to defending its proprietary technology advancements, supporting its scientists, and protecting customers who rely on Tyvek® products for critical applications. DuPont states it will pursue all available enforcement options in the U.S. and other global jurisdictions to ensure fair competition and protect its IP rights.
DuPont (NYSE: DD) has nearly doubled its photoresist production capacity at the Sasakami Site in Agano-shi, Niigata, Japan with the opening of the new East Star Building. The expansion, celebrated on October 3, 2024, features state-of-the-art cleanrooms with ISO Class 10 to 1000 standards and advanced automation systems. This growth strategy aims to meet increasing global demand for photoresists and provide stable supply for customers.
The Sasakami site, established in 1983, manufactures photoresists for microlithography and metallization chemicals for plating applications. With this expansion, DuPont expects to create over 50 new local jobs in R&D, engineering, quality, manufacturing, and other roles in the coming years.
DuPont (NYSE: DD) announced the winners of its inaugural Tyvek® Sustainable Healthcare Packaging Awards during the virtual Medical Packaging Conference. The awards recognize excellence in healthcare packaging initiatives using Tyvek® material to promote sustainability innovation. Winners in three categories are:
1. Packaging (re)design: PAXXUS for StreamTwo® pouch with Tyvek®, requiring 50% less energy to manufacture.
2. Operational efficiencies: Shawpak for their rotary thermoformer, optimizing energy efficiency and reducing waste.
3. Sustainability in-use: Flexform Inc. for their high-powered digital UV laser system for marking Tyvek® 2FS material without consumables.
The awards program aligns with DuPont's commitment to achieving net-zero carbon emissions by 2050 and its progress in reducing Scope 1, 2, and 3 emissions. DuPont's Tyvek® facilities in Luxembourg and Richmond, Virginia, have received ISCC PLUS certifications and source 100% of their electricity from renewable energy certificates.
DuPont (NYSE:DD) has announced that Lampre, a European partner of Tedlar®, has introduced Fortilam® Decor, an advanced protective solution for the railway and transportation sector. This new product, featuring a multilayer structure with Tedlar® PVF film, was presented at InnoTrans in Berlin, Germany.
Fortilam® Decor is composed of Tedlar® polyvinyl fluoride film laminated to rigid PVC and applied to a metal substrate. It offers superior resistance to chemical contaminants, ensuring aesthetic longevity and ease of cleaning. Ideal applications include railway interior walls, panels, and high-contact areas in buses and trams where durability and hygiene are crucial.
The product is available in multiple finishes and embossing options, allowing customization to match design requirements. This launch builds on the success of Fortilam®, which was introduced in 2021 for roofs and facades.
DuPont has launched the Water Solutions Sustainability Navigator, a digital tool designed to help users estimate key sustainability indicators for various water treatment technologies. This third-party validated tool allows users to compare different scenarios and their impact on carbon emissions, chemicals used, wastewater produced, solid waste generated, and land footprint.
The Navigator covers four water treatment technologies: reverse osmosis (RO), ultrafiltration (UF), ion exchange resins (IER), and membrane bioreactors (MBR). It aims to help users understand the connection between sustainability-driven choices and operational costs, potentially leading to solutions that require fewer resources and reduce environmental impact.
DuPont will host a free webinar on October 17 to demonstrate the Sustainability Navigator. In 2023, DuPont Water Solutions was named Water Technology Company of the Year at the Global Water Awards for its innovative solutions to global water challenges.
DuPont (NYSE: DD) has committed to achieving net-zero carbon emissions by 2050, aligning with the Science Based Targets initiative (SBTi) and the Paris Agreement. The company has already exceeded its 2030 climate goals, achieving a 58% reduction in Scopes 1 and 2 emissions and a 39% reduction in Scope 3 emissions from their respective baselines.
DuPont has also surpassed its goal of sourcing 60% of electricity from renewable sources by 2030 and is committed to 100% renewable electricity by 2050 as a member of RE100. The company will submit long-term, net-zero targets to SBTi for validation within 24 months, reinforcing its dedication to sustainability and decarbonization across its operations and value chains.
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