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DuPont and DOW to combine in merger of equals

Intend to subsequently spin into three independent companies


DuPont and The Dow Chemical Company announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stock merger of equals. The combined company will be named DowDuPont. The parties intend to subsequently pursue a separation of ...


The Chemours Company Marks Planned Spin-Off by Ringing the NYSE Opening Bell


The Chemours Company marksits expected spin-off from DuPont on July 1, 2015 by ringing the opening bell at the New York Stock Exchange (NYSE). “Just as today’s bell-ringing ceremony signals the opening of a new trading day for the stock exchange, it marks a new and exciting beginning for Chemours ...


The Carlyle Group to Buy DuPont Performance Coatings Business for $4.9 Billion


Global alternative asset manager The Carlyle Group and DuPont announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash. The transaction is expected to close in the first quarter 2013, subject to customary ...


DuPont Grows Second Quarter Earnings 8 Percent to $1.48 Ex-items


Second-quarter 2012 earnings were $1.48 per share versus $1.37 per share in the prior year, excluding significant items from both periods. Reported second-quarter earnings were $1.25 per share versus $1.29 per share in the prior year. Sales increased 7 percent to $11.0 billion reflecting 6 ...


DuPont Announces Leadership Changes


DuPont has named Gary W. Spitzeras senior vice president of Integrated Operations & Engineering, succeeding Jeffrey A. Coewho plans to retire in May following 38 years of service. Thierry Vanlanckerwill succeed Spitzer as president of DuPont Chemicals & Fluoroproducts. Both Spitzer’s and ...


DuPont Named Among the World’s “Most Admired Companies”


DuPont is among the world’s Top 50 most admired companies, according to a study released by FORTUNE magazine. DuPont is no. 37 on FORTUNE’s “Most Admired Companies” list – widely considered among the most definitive report cards on corporate reputation. DuPont has advanced six spots from the ...


DuPont Delivers Record Full-Year Earnings With 20% Growth in 2011


Full Year 2011 earnings, before significant items, were up 20 percent to a record $3.93 per share versus $3.28 per share in 2010. Reported earnings per share were $3.68 versus $3.28 in 2010. Sales of $38.0 billion were up 20 percent, with a 27 percent increase in developing markets. Excluding ...


DuPont Delivers Strong EPS Growth on 32% Higher Sales for Third Quarter 2011


Third quarter 2011 earnings were $.69 per share excluding significant items, versus $.40 per share in the prior year. Reported third quarter 2011 earnings were $.48 per share versus $.40 per share in the prior year. Sales increased 32 % to $9.2 billion with 15 % higher local prices, 4 % currency ...


DuPont’s Environmental Footprint Continues to Shrink


DuPont’s recent 2011 Sustainability Progress Report shows the company’s environmental footprint continues to shrink. DuPont delivered a 75 percent decrease in greenhouse gas emissions and a 6 percent reduction in absolute energy use since 1990, while increasing production 40 percent during that ...


DuPont Leader Elected to Issue Management Council Board


DuPont Global Issues Management Director Gil Meyerrecently was elected to the Issue Management Council, the pioneer professional center connecting and supporting global issue managers. Gil is one of five new board members to join the governing body. The other new board members are: Elizabeth ...


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