DuPont de Nemours, Inc. (DD)

DuPont de Nemours, Inc., a Delaware corporation formed in 2015 as DowDuPont Inc., resulted from the 2017 merger of equals between Dow Chemical and E.I. du Pont de Nemours, followed by 2019 spin-offs of the materials science business (Dow Inc.) and agriculture business (Corteva, Inc.). The company underwent significant portfolio transformation through the 2021 divestiture of its Nutrition & Biosciences business to IFF, and the 2022-2023 divestiture of the majority of its Mobility & Materials segment to Celanese for $11 billion plus the related Delrin® acetal homopolymer business sale to TJC, while retaining Auto Adhesives & Fluids, Multibase, and Tedlar® product lines within Corporate & Other. DuPont used divestiture proceeds for financial flexibility, including debt redemption and substantial share repurchases (including a $5 billion buyback program completed via ASR transactions, plus a new $1 billion program approved in 2024), while also pursuing targeted acquisitions such as Laird Performance Materials (2021) and Spectrum Plastics Group, a specialty medical device manufacturer (2023).

Today, DuPont is a global innovation leader providing technology-based materials and solutions across two primary reportable segments: Electronics & Industrial, which serves semiconductor fabrication, printed circuit boards, advanced packaging, displays, and industrial/medical applications for markets including high-performance computing, 5G, EVs, and consumer electronics; and Water & Protection, which provides engineered products for worker safety (KEVLAR®, NOMEX®, TYVEK®), water purification (FILMTEC™, AMBERLITE™), and building materials (CORIAN®, STYROFOAM™, GREAT STUFF™) serving industries from municipal water treatment to construction and transportation. The company operates subsidiaries in about 50 countries with manufacturing in about 24 countries, competing against firms like Entegris, Henkel, 3M, and Honeywell primarily on technology, quality, and customer service rather than a single dominant customer relationship. DuPont maintains a substantial intellectual property portfolio of approximately 12,700 patents and applications globally, alongside significant trade secrets and trademarks.

As of December 31, 2023, the company employed approximately 24,000 people worldwide, with workforce distribution of 47% in U.S./Canada, 33% in Asia Pacific, 17% in EMEA, and 3% in Latin America, supported by sustainability initiatives including 2030 climate goals and diversity, equity, and inclusion programs.