DuPont

Leading scientific and synthetic material company.

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Headquarters:
1007 Market Street
Wilmington, DE 19898
Employees: 67,000
CEO: Ellen Kullman
Stock Symbol: DD

Website: http://www.dupont.com

Company News

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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.

DuPont has more than 8,500 scientists and engineers working across more than 75 R&D centers globally.

In 2011, the company reported revenues of $38 billion, up from 20% from a year ago, and net income of $3.5 billion.

“We delivered exceptional full-year results in 2011 despite significant market headwinds late in the year,” said DuPont Chair & CEO Ellen Kullman. “Our market-driven science continues to meet customer needs in food, energy and protection. Acquisitions in Nutrition & Health and Industrial Biosciences, coupled with robust and disciplined productivity efforts across our businesses, contributed to our successful performance. We remain well-positioned to serve customers and innovate as key markets rebound and global population growth drives new opportunities.”

History

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.

Benefits

·Holidays and vacation
·Savings and investment plan
·Pension and retirement plan
·Disability insurance
·BeneFlex program

·Financial incentives based on performance
·Achievement awards
·Professional accomplishment recognition such as process and product patents

Updated January 24, 2012