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- History
- Operations
- Regulation
- Reception and Recognition
- Controversies
- Further Reading
- External Links
1802 to 1902 – First Century of Business
DuPont was founded in 1802 by Éleuthère Irénée du Pont, using capital raised in France and gunpowder machinery imported from France. He started the company at the Eleutherian Mills, on the Brandywine Creek, near Wilmington, Delaware, two years after du Pont and his family left France to escape the French Revolution and religious persecution against Huguenot Protestants. The company began as a manufacturer of gunpowder, as du Pont noticed that the industry in North America was lagging behind E...
1902 to 1912 – First major expansion
DuPont continued to expand, moving into the production of dynamite and smokeless powder. In 1902, DuPont's president, Eugene du Pont, died, and the surviving partners sold the company to three great-grandsons of the original founder. Charles Lee Reese was appointed as director and the company began centralizing their research departments. The company subsequently purchased several smaller chemical companies; in 1912 these actions generated government scrutiny under the Sherman Antitrust Act....
1913 to 1919 – Investments into General Motors
In 1914, Pierre S. du Pont invested in the fledgling automobile industry, buying stock in General Motors (GM). The following year he was invited to be on GM's board of directors and would eventually be appointed the company's chairman. The DuPont company would assist the struggling automobile company further with a $25 million purchase of GM stock ($752,960,526 in 2023 dollars ). In 1920, Pierre S. du Pont was elected president of General Motors. Under du Pont's leadership, GM became the numb...
Locations
The company's corporate headquarters and experimental station were located in Wilmington, Delaware. The company's manufacturing, processing, marketing, and research and development facilities, as well as regional purchasing offices and distribution centers were located throughout the world. Major manufacturing sites included the Spruance plant near Richmond, Virginia, (currently the company's largest plant), the Washington Works site in Washington, West Virginia, the Mobile Manufacturing Cent...
The European Commission opened a probe to assess whether the proposed merger was in line with the EU's respective regulations. The Commission investigated whether the deal reduced competition in areas such as crop protection, seeds and petrochemicals.The closing date for the merger was repeatedly delayed due to these regulatory inquiries. Ed Breen ...
DuPont has been awarded the National Medal of Technology four times: first in 1990, for its invention of "high-performance man-made polymers such as nylon, neoprene rubber, "Teflon" fluorocarbon resin, and a wide spectrum of new fibers, films, and engineering plastics"; the second in 2002 "for policy and technology leadership in the phaseout and re...
Environmental record
DuPont was part of Global Climate Coalition, a group that lobbied against taking action on climate change. DuPont is additionally a company which has been criticized and called out for its activities in Cancer Alley, and while not as vocally criticized as ExxonMobilwhen it comes to its activities in Cancer Alley, DuPont has been blamed for emitting chloroprene and has been connected by some to anecdotes of "illnesses and ailmen" as told by residents of Cancer Alley. In 1999, attorney Robert B...
Genetically modified foods
Pioneer Hi-Bred, a DuPont subsidiary until 2019, manufactures genetically modified seeds, other tools, and agricultural technologies used to increase crop yield. In 2019, DowDuPont spun off its agricultural unit, which included Pioneer Hi-Bred, as an independent public company under the name Corteva.
Chlorofluorocarbons
Dupont, along with Frigidaire and General Motors, was a part of a collaborative effort to find a replacement for toxic refrigerants in the 1920s, resulting in the invention of chlorofluorocarbons (CFCs) by Thomas Midgley in 1928. CFCs are ozone-depleting chemicals that were used primarily in aerosol sprays and refrigerants. DuPont was the largest CFC producer in the world with a 25 percent market share in the 1980s, totaling $600 million in annual sales. In 1974, responding to public concern...
Arora, Ashish; Ralph Landau and Nathan Rosenberg, (eds). (2000). Chemicals and Long-Term Economic Growth: Insights from the Chemical Industry.Cerveaux, Augustin. (2013) “Taming the Microworld: DuPont and the Interwar Rise of Fundamental Industrial Research,” Technology and Culture,54 (April 2013), 262–88.Chandler, Alfred D. (1969). Strategy and Structure: Chapters in the History of the American Industrial Enterprise.Works by DuPont at LibriVox(public domain audiobooks)Business data for DuPont de Nemours, Inc.:Amazon.com, Inc., [1] doing business as Amazon ( / ˈæməzɒn /, AM-ə-zon; UK also / ˈæməzən /, AM-ə-zən ), is an American multinational technology company, engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5] .
ISO 3166-1 numeric – three-digit country codes which are identical to those developed and maintained by the United Nations Statistics Division, with the advantage of script ( writing system) independence, and hence useful for people or systems using non- Latin scripts.
Warren Edward Buffett (/ˈbʌfɪt/ BUF-it; born August 30, 1930)[2] is an American businessman, investor, and philanthropist who currently serves as the co-founder, chairman and CEO of Berkshire Hathaway. As a result of his investment success, Buffett is one of the best-known investors in the world. As of June 2024, he had a net worth of $135 ...
