DuPont is a leading research and science company offering a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.
Its materials can be found in products such as sneakers, film, insecticides, carpets and cellular phones.
The company's major brands are the DuPont Oval and DuPont; Pioneer brand seeds, Teflon fluoropolymers, films, fabric protectors, fibers, and dispersions; Corian solid surfaces; Kevlar high strength material, and Tyvek protective material.
In 2014, the company reported revenues of $34.7 billion, down 3% from a year ago, and net income of $3.63 billion. The U.S. accounted for $14 billion in total company sales. The Agriculture division generated $11.3 billion in sales.
DuPont announced plans to separate its Performance Chemicals division into a separately traded company sometime this year.
DuPont has more than 10,000 scientists and engineers working across more than 150 R&D centers globally.
DuPont was granted 1,050 new patents in 2013 and commercialized nearly 1,800 new products.
E.I. Dupont founded the company as an explosives manufacturer by opening his first gun powder mill on the Brandywine River on July 19, 1802. By 1820 DuPont powder had earned a good reputation among sportsmen and the company had become the leading powder supplier to the U.S. government.
The company became the world's largest supplier of gunpowder in World War I.
When the du Pont cousins bought the company in 1902, they sought new uses for the raw materials of explosives, particularly in the production of lacquers, paints and coated textiles. This move toward diversification was furthered by a 1912 antitrust decision, which deemed DuPont a gunpowder monopoly and ordered the company to divest itself of a substantial portion of its explosives business.
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·Financial incentives based on performance
Updated January 27, 2015