Search results
Results from the WOW.Com Content Network
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.
Wilmington Trust was founded on July 8, 1903, by T. Coleman du Pont, then the president of DuPont, to manage the growing fortune of the duPont family. [2] DuPont opened the business in the dining room and parlor of a former private residence at 915 Market Street in Wilmington, Delaware, with a handful of investors and $500,000 in market capitalization.
The Nemours Alfred I. duPont Hospital for Children uses it, as does the duPont Registry. William S. Dutton's mid-20th-century history of the family business [ 2 ] uses "Du Pont" both for the family mentioned generally and for the company's short name, but "du Pont" in an individual's full name, for example, " Éleuthère Irénée du Pont ...
DuPont referred to PFOA as C8. [20] The original formula for Scotchgard , a water repellent applied to fabrics, was discovered accidentally in 1952 by 3M chemists Patsy Sherman and Samuel Smith . Sales began in 1956, and in 1973 the two chemists received a patent for the formula.
In 2015, Dow and fellow chemical company DuPont agreed to a corporate reorganization involving the merger of Dow and DuPont followed by a separation into three different entities. The plan commenced in 2017, when Dow and DuPont merged to form DowDuPont, and was finalized in April 2019, when the materials science division was spun off from ...
In March 2016, it was reported that Dow Chemical Co. and the DuPont Co. agreed to pay $27 million to DuPont CEO Edward Breen if he left the company by early 2017. [8] In February 2020, Breen was reinstated as DuPont CEO replacing Marc Doyle. [9] Breen is an alumnus of Grove City College and is the chair of the college's board of trustees. [10]
Following the December 11, 2015 announcement that it would merge with DuPont, Dow also announced on the same day that it had reached a deal to acquire Corning's stake in Dow Corning in exchange for $4.8 billion in cash and Corning gaining a roughly 40% stake in Hemlock Semiconductor Corporation. Dow Chemical assumed full ownership of Dow ...
DuPont filed its initial Form 10 with the SEC in December 2014 and announced that the new company would be called "The Chemours Company." [ 8 ] The name is a portmanteau of the words chemical and Nemours, a nod to DuPont's full name, E. I. du Pont de Nemours & Co.