DuPont

IFF Announces Preliminary Fourth Quarter & Full Year 2020 Financial Results

Retrieved on: 
Tuesday, January 26, 2021
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Companies, Economy of the United States, DuPont, New York Stock Exchange, Science and technology in the United States

IFF (NYSE:IFF), a leading innovator of taste, scent, and nutrition & ingredients, today announced preliminary, unaudited financial results for the quarter ended December 31, 2020.

Key Points: 
  • IFF (NYSE:IFF), a leading innovator of taste, scent, and nutrition & ingredients, today announced preliminary, unaudited financial results for the quarter ended December 31, 2020.
  • In collaboration with DuPonts financial announcement today, and in connection with the Exchange Offer related to our combination with DuPont Nutrition & Biosciences, we are providing preliminary financial results for the fourth quarter and full year 2020, said IFF Chairman and CEO Andreas Fibig.
  • The results in this section reflect preliminary expectations of financial results for the fourth quarter and full year ended December 31, 2020.
  • IFF also announced that it will release its fourth quarter & full year 2020 earnings results following the market close on Wednesday, February 10, 2021.

DuPont, Corteva, and Chemours announce resolution of legacy PFAS claims

Retrieved on: 
Friday, January 22, 2021
Companies, Economy of the United States, Science and technology in the United States, Chemours, DuPont, Perfluorooctanoic acid, Corteva

In addition, DuPont, Corteva and Chemours have agreed to resolve the ongoing matters in the multi-district PFOA litigation in Ohio.

Key Points: 
  • In addition, DuPont, Corteva and Chemours have agreed to resolve the ongoing matters in the multi-district PFOA litigation in Ohio.
  • After the term of this arrangement, Chemours' indemnification obligations under the Chemours Separation Agreement would continue unchanged, subject to certain exceptions set forth in the memorandum of understanding.
  • Chemours will waive specified claims, including claims regarding the construct of its 2015 spin-off from EID.
  • DuPont, Corteva and Chemours will dismiss the pending arbitration regarding those claims.

Baron & Budd Files More Than 200 Additional Groundwater Contamination Suits Against the Chemours Company and Dupont

Retrieved on: 
Thursday, January 21, 2021
Professional services, Legal, Environment, Pollution, Pollutants, GENX, Per- and polyfluoroalkyl substances, Chemours, PFAS, DuPont, Baron & Budd, P.C., Perfluorinated compound, Perfluorooctanoic acid

alongside Seagle Law PLLC have filed lawsuits against the Chemours Company and Dupont on behalf of 217 individuals who own property near the Fayetteville Works plant.

Key Points: 
  • alongside Seagle Law PLLC have filed lawsuits against the Chemours Company and Dupont on behalf of 217 individuals who own property near the Fayetteville Works plant.
  • According to the lawsuit, Chemours and Dupont have contaminated the groundwater near the Fayetteville Works plant with toxic per- and polyfluoroalkyl substances (PFASs), including GenX.
  • The EPA forced DuPont to phase out use of certain PFASs in 2006, but the company created new perfluorinated chemicals including GenX -- as replacement products.
  • With more than 40 years of experience, Baron & Budd has the expertise and resources to handle complex litigation throughout the United States.

Corteva Agriscience Awards Matrix Service Construction of Water Recovery Process Facility

Retrieved on: 
Tuesday, January 19, 2021
Corteva, DuPont, Pittsburg, California, The Matrix, Piping, Companies, Films, Academic disciplines

TULSA, Okla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering and construction contractor, announced that its subsidiary Matrix Service has been awarded the construction of a new water recovery process facility for Corteva Agriscience, a publicly traded, global pure-play agriculture company, at its Pittsburg, Calif. location.

Key Points: 
  • TULSA, Okla., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading North American industrial engineering and construction contractor, announced that its subsidiary Matrix Service has been awarded the construction of a new water recovery process facility for Corteva Agriscience, a publicly traded, global pure-play agriculture company, at its Pittsburg, Calif. location.
  • Construction on the project, which was taken into backlog in the first quarter of fiscal 2021, has commenced and includes process piping and steel fabrication, and all civil, mechanical and electrical construction.
  • We are very pleased to have been selected as the construction contractor for this important project, which supports Corteva Agrisciences water stewardship and sustainability goals, said Matrix Service Company President and Chief Executive Officer John R. Hewitt.
  • To learn more about Matrix Service Company, visit matrixservicecompany.com
    For more information about Matrix, please contact:

DuPont Clean Technologies to Develop Scrubbing Project with BELCO® Technology to Control the Emissions of Empresa Nacional de Petróleo (ENAP)

Retrieved on: 
Friday, January 15, 2021
Pollution, Air pollution, Climate forcing, Environmental engineering, Scrubber, Wet scrubber, Flue gas, DuPont, Particulates

This new BELCO wet scrubber will reduce sulfur oxide and particulate emissions from the FCCU (fluid catalytic cracking unit) to well below Chilean emissions requirements.

Key Points: 
  • This new BELCO wet scrubber will reduce sulfur oxide and particulate emissions from the FCCU (fluid catalytic cracking unit) to well below Chilean emissions requirements.
  • Eli Ben-Shoshan, Global Business Leader, DuPont Clean Technologies, comments, "Resolute action by responsible refiners such as ENAP minimizes emissions and helps to improve air quality.
  • By developing tailored emissions control solutions, DuPont Clean Technologies is delighted to be able to help refinery customers worldwide meet site-specific environmental, energy consumption, cost and operation targets."
  • Licensed and marketed by DuPont as part of its Clean Technologies portfolio, the BELCO wet scrubbing technology is the world-leading flue gas emissions control technology with more than 150 licensed units worldwide.

The Nemours Foundation Board of Directors Announces Three New Members

Retrieved on: 
Wednesday, January 6, 2021
Nemours Foundation, Alfred I. du Pont, DuPont, DuPont, Economy of the United States, Science and technology in the United States, Nemours Alfred I. duPont Hospital for Children, Companies, Alfred I. duPont Testamentary Trust

JACKSONVILLE, Fla., Jan. 6, 2021 /PRNewswire/ --Robert G. Riney, Chair of the Board of The Nemours Foundation, and Hugh Durden, Chairman of the Alfred I. duPont Charitable Trust, today announced theelection of three new members to The Nemours Foundation Board of Directors.

Key Points: 
  • JACKSONVILLE, Fla., Jan. 6, 2021 /PRNewswire/ --Robert G. Riney, Chair of the Board of The Nemours Foundation, and Hugh Durden, Chairman of the Alfred I. duPont Charitable Trust, today announced theelection of three new members to The Nemours Foundation Board of Directors.
  • The Nemours Foundation Board of Directors announced the election of three new members.
  • Rotating off The Nemours Foundation Board of Directors are former Florida Lt.
  • Ms. Hakala, a highly successful retail executive, joined The Nemours Foundation Board in 2006.

Corteva Welcomes New Senior Vice President and Chief Technology Officer Sam Eathington

Retrieved on: 
Monday, January 4, 2021
Companies, Corteva, DuPont, Wilmington, Delaware, Bayer

WILMINGTON, Del., Jan. 4, 2021 /PRNewswire/ --Corteva, Inc. (NYSE: CTVA) announced that Sam Eathington, Ph.D. , a highly experienced agricultural scientist with extensive expertise in developing cutting-edge technology, has begun his role as Senior Vice President and Chief Technology Officer, effective January 1, 2021.

Key Points: 
  • WILMINGTON, Del., Jan. 4, 2021 /PRNewswire/ --Corteva, Inc. (NYSE: CTVA) announced that Sam Eathington, Ph.D. , a highly experienced agricultural scientist with extensive expertise in developing cutting-edge technology, has begun his role as Senior Vice President and Chief Technology Officer, effective January 1, 2021.
  • Reporting to Chief Executive Officer James C. Collins, Jr. , Eathington has responsibility for the Company's industry-leading portfolio of products and technology and spearheading global agricultural innovation and sustainability.
  • Eathington joins Corteva from The Climate Corporation (part of Bayer Crop Science) where he was Chief Science Officer.
  • "Sam has a long history of driving commercially successful scientific innovation and his insights and experience will be a tremendous advantage for Corteva.

Global Polytetrafluoroethylene Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 23, 2020
Chemicals, Plastics, Manufacturing, Chemistry, Physical sciences, Materials, Fluoropolymers, Dielectrics, Dry lubricants, DuPont, Plastics, Polytetrafluoroethylene, Fluorine, Tetrafluoroethylene

The "Polytetrafluoroethylene (PTFE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polytetrafluoroethylene (PTFE) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
  • The global polytetrafluoroethylene market reached a value of $2.34 Billion in 2019.
  • Looking forward, the publisher expects the market to reach a value of $3.05 Billion by 2025, exhibiting a CAGR of 4.5% during 2020-2025.
  • Polytetrafluoroethylene (PTFE) refers to a tough, waxy and non-flammable synthetic resin that consists of carbon and fluorine atoms.

DuPont Board of Directors Approves the Separation of DuPont's Nutrition & Biosciences Business through an Exchange Offer

Retrieved on: 
Friday, December 18, 2020
Companies, DuPont, DuPont, Economy of the United States, Science and technology in the United States

WILMINGTON, Del., Dec. 18, 2020 /PRNewswire/ --DuPont (NYSE: DD) today announced that its Board of Directors has approved the separation of DuPont's Nutrition & Biosciences business through an exchange offer (split-off) whereby DuPont stockholders can elect to tender shares of DuPont common stock in exchange for shares of Nutrition & Biosciences, Inc. ("N&B") common stock.

Key Points: 
  • WILMINGTON, Del., Dec. 18, 2020 /PRNewswire/ --DuPont (NYSE: DD) today announced that its Board of Directors has approved the separation of DuPont's Nutrition & Biosciences business through an exchange offer (split-off) whereby DuPont stockholders can elect to tender shares of DuPont common stock in exchange for shares of Nutrition & Biosciences, Inc. ("N&B") common stock.
  • At launch of the exchange offer, DuPont will announce the offer terms.
  • DuPont, the DuPont Oval Logo, and all trademarks and service marks denoted with , SM or are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.
  • DuPont Nutrition & Biosciences applies expert science to advance market-driven, healthy and sustainable solutions for the food, beverage, dietary supplement and pharmaceutical industries.

DuPont Nutrition & Biosciences Partners with Global Chemicals Company Kemira for Development and Commercialization of Biobased Material Innovation

Retrieved on: 
Thursday, December 17, 2020
Physical sciences, Chemistry, Natural sciences, Nutrition, Organic polymers, Chemical pathology, Glucose, Polymer, Plastic, Polysaccharide, DuPont, Poly

Kemira will provide the application development expertise and the market access required to jointly develop and commercialize these sustainable material offerings globally to Kemira's strategic markets.

Key Points: 
  • Kemira will provide the application development expertise and the market access required to jointly develop and commercialize these sustainable material offerings globally to Kemira's strategic markets.
  • This new material innovation allows for enzymatic polymerization of sugar (sucrose) into poly-glucose (polysaccharides) under controlled, enzyme catalyzed polymerization conditions.
  • For some applications, these biodegradable products avoid the concern of microplastic formation, reducing the impact of uncontrolled environmental material leakage.
  • DuPont continues to advance development of this platform technology for internal applications within DuPont Nutrition and Biosciences and also in strategic partnerships targeting additional markets and applications.