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 the recipients of its 2024 Lavoisier Medal for Lifetime Technical Achievement and Pedersen Awards. Brad Taylor, Ph.D., Technical Laureate in Printing & Packaging, will receive the Lavoisier Medal for his career-long contributions to the flexographic printing industry. The Pedersen Award recipients are Yi Guo, Ph.D., for innovations in semiconductor fabrication slurries; Martin Heijnen, for advancements in ultrafiltration membranes; and Mansour Mirdamadi, for developing adhesive solutions for the automotive industry.
These awards recognize scientists and engineers whose innovations have significantly impacted DuPont's customers, industries, and global challenges. The recipients' work has led to new products, sustainability improvements, and technological advancements in their respective fields.
DuPont (NYSE:DD) has introduced two new accessories to its commercial construction portfolio: DuraGard™ WD Self-Adhered Flashing Tape and LiquidArmor™ FJ Flashing and Joint Compound. These products are designed to enhance air and water barrier continuity and integrate seamlessly with the DuPont™ ArmorWall™ System, a high-performance 5-in-1 exterior wall assembly.
DuraGard™ WD is a primerless window and door rough opening flashing tape that helps maintain the integrity of air- and water-resistive barrier assemblies. LiquidArmor™ FJ is a single-component, high-solids STPE formulation for panel edges, seams, and fastener heads. Both products aim to improve efficiency, reduce installation time, and enhance the overall performance of the ArmorWall™ System.
DuPont (NYSE: DD) has won two 2024 R&D 100 Awards in the Mechanical/Materials category, recognizing the 100 most innovative technologies of the previous year. The winning products are:
1. BETAFORCE™ elastic structural adhesive: Developed for EV battery assembly, particularly pouch cell bonding. It bonds aluminum laminated film substrates without primers, offers durability and crashworthiness benefits, and contains 30% renewable and bio-based materials.
2. Tyvek® Trifecta™ A2 Breather Membrane: An A2 fire-rated breather membrane for high-rise buildings above 18 meters. It allows water vapor escape without ventilation and is compatible with UK building regulations for fire safety.
These awards demonstrate DuPont's strategic investments in advanced mobility and sustainable construction, showcasing their commitment to innovation and addressing global challenges.
DuPont (NYSE: DD) has been awarded two 2024 Sustainability Awards by the Business Intelligence Group. The company received Sustainability Product of the Year for its AmberLite™ P2X110 ion exchange resin, which supports the production of green hydrogen from water. Additionally, DuPont won Sustainability Initiative of the Year for its novel non-HDA formulation for post-etch cleans in semiconductor production.
The AmberLite™ P2X110 resin is designed to withstand the unique challenges of Proton Exchange Membrane (PEM) electrolyzer loops during green hydrogen production. This process uses renewable energy-powered electrolysis to split water molecules into hydrogen and oxygen gas, resulting in minimal greenhouse gas emissions.
DuPont's non-HDA post-etch cleans offer an improved safety and sustainability profile for semiconductor fabrication. The new formulation effectively removes residues from substrates after various etch processes without using hydroxylamine (HDA).
DuPont (NYSE: DD) reported its Q2 2024 financial results, showing positive momentum with net sales of $3.2 billion, a 2% increase year-over-year. The company achieved GAAP EPS from continuing operations of $0.40 and adjusted EPS of $0.97, a 14% increase from Q2 2023. DuPont's operating EBITDA rose 8% to $798 million, with a margin of 25.2%. The company's performance was driven by broad-based electronics market recovery and improvements in Water & Protection business lines. DuPont has raised its full-year 2024 guidance for net sales, operating EBITDA, and adjusted EPS, reflecting confidence in its strategic direction and market conditions.
DuPont (NYSE: DD) has completed the acquisition of Donatelle Plastics, a leading medical device company specializing in medical components and devices. The acquisition brings complementary advanced technologies and capabilities to DuPont's Electronics & Industrial segment, including medical device injection molding, liquid silicone rubber processing, precision machining, device assembly, and tool building.
Donatelle, with over 400 employees, will become part of the Industrial Solutions line of business. The company has a strong growth profile with offerings aligned to attractive therapeutic areas such as electrophysiology, drug delivery, diagnostics, cardiac rhythm management, neurostimulation, and orthopedic extremities. This acquisition is expected to enhance DuPont's healthcare offerings and expand its capabilities in the medical device sector.
DuPont (NYSE: DD) has announced its schedule for the release of second quarter 2024 financial results. The company will disclose its earnings at 6:00 a.m. ET on Wednesday, July 31, 2024, followed by a conference call at 8:00 a.m. ET on the same day. Investors can access the live webcast of the event through DuPont's Investors Relations webpage. For those unable to attend the live event, a replay will be available along with the earnings release and supporting materials on the company's website. Interested parties can also join the conference call via phone using the toll-free number 888-440-4172 within the U.S. or +1-646-960-0673 internationally, with the conference ID 5994046.
DuPont's Tyvek® production facility at the Spruance manufacturing plant in Richmond has achieved ISCC PLUS certification, marking it as the second DuPont site to earn this status after the Luxembourg plant in November 2023.
This certification underscores DuPont's commitment to sustainability, allowing the production of Tyvek® with sustainable raw materials and verifying the entire supply chain's sustainability. The ISCC PLUS certification aims to reduce the carbon footprint and promote a circular economy by replacing fossil fuel-based materials with sustainable alternatives.
David Domnisch, Vice President and General Manager of DuPont Tyvek® and Typar®, emphasizes the integration of ISCC PLUS certification to support customers' journeys toward net zero emissions. DuPont's 2024 Sustainability Report highlights a 58% reduction in Scope 1 and 2 emissions and a 39% reduction in Scope 3 emissions from the baseline years, demonstrating significant progress in their sustainability goals.
For more details, visit www.dupont.com/sustainability.
DuPont (NYSE: DD) will participate in SEMICON West 2024, showcasing its Kalrez® perfluoroelastomer parts, renowned for their sealing capabilities in semiconductor applications. From July 9-11, 2024 in San Francisco, DuPont will introduce innovations including the Kalrez® Bonded Door Seal (BDS) designed for gate valves and slit valve doors, reducing waste and enhancing performance in processes like plasma etching and CVD. Additionally, DuPont's low permeation seals and an innovative bonding method for Kalrez® components will be featured. This year marks the 50th anniversary of Kalrez®, underscoring DuPont's long-term commitment to innovation. The recent opening of a new manufacturing facility in Newark, Delaware, boosts production capacity to meet growing demand. DuPont will also sponsor events at SEMICON West, including the Sustainability Reception, and offer tours of its Silicon Valley Technology Center.
DuPont (NYSE: DD) has announced a regular quarterly dividend of $0.38 per share on its common stock. This dividend will be payable on September 16, 2024, to shareholders who are on record as of August 30, 2024. The par value of the common stock is $0.01 per share. The declaration reflects the company's ongoing commitment to delivering consistent returns to its shareholders.
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