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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.
Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
Map of the history of the DuPont family and company along Delaware Route 141. Along Delaware Route 141 there are a number of historic sites that trace the history of both the Du Pont family and the DuPont company. At the southwest end is DuPont’s Chestnut Run Plaza and at the northeastern end is the Alfred I. duPont Hospital for Children.
In 1957, the research organization of the Chemicals Department of E. I. du Pont de Nemours and Company was renamed Central Research Department, beginning the history of the premier scientific organization within DuPont and one of the foremost industrial laboratories devoted to basic science.
The long form is styled as E. I. du Pont de Nemours and Company. The stylings "Du Pont" and "DuPont" for the company's short name coexisted in the 20th century, but the latter is now consistently used in the company's branding. [2]: 3 The solid styling "duPont" is less common.
On 11 December 2015, Dow announced that it would merge with DuPont, in an all-stock deal. [98] The combined company, which was known as DowDuPont, had an estimated value of $130 billion, was equally held by the shareholders of both companies, and maintained their respective headquarters in Michigan and Delaware. [98]
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