DuPont closing famed Central Research & Development unitby Canadian Plastics
Closure will eliminate 10 per cent of the company’s workforce in 2016.
Dow Chemical, DuPont agree to mergeby Canadian Plastics
Billed as a “merger of equals”, the agreement calls for the two chemical suppliers to combine as DowDuPont, then separate into three independent publicly traded companies.
Dow and DuPont are in advanced talks to merge: reportsby Canadian Plastics
A deal could be announced in coming days, the reports say. Together, the companies are worth nearly US$120 billion.
DuPont consolidating plastics businessesby Canadian Plastics
DuPont Company – one of the world’s largest chemical makers – is consolidating two of its plastics-related units into a single business. The company has merged its Packaging & Industrial Polymers segment with its Performance Polymers counterpart and also named…
DuPont CEO Ellen Kullman stepping downby Canadian Plastics
Edward Breen will be interim chairman and CEO.
DuPont labeled a “severe” safety violator by U.S. regulatorby Canadian Plastics
Chemical giant criticized by the Department of Labor’s Occupational Safety and Health Administration for worker deaths in Nov. 2014.
DuPont officially spins off Chemoursby Canadian Plastics
Effective July 1, the new company of Chemours was officially spun off from chemical maker DuPont Company. “We think of Chemours as a 200-hundred-year-old start-up,” president and CEO Mark Vergnano said in a news release. “We bring to the market…
DuPont boosts nylon resins production in Germanyby Canadian Plastics
Increasing demand in the automotive sector has led chemical maker DuPont to boost production of its Zytel nylon resins by 20 per cent at its manufacturing Uentrop facility in Hamm, Germany. The company has ramped up production of PA 66…
Canada’s IPL wins DuPont’s top packaging awardby Canadian Plastics
Salsa container wins Diamond Award.
DuPont wins board fight against activist investor Trianby Canadian Plastics
U.S. chemical conglomerate DuPont Co. has defeated an attempt by activist investor Nelson Peltz and his Trian Fund Management L.P. to land seats on the DuPont board. As reported by Reuters news service, Peltz’s Trian Fund Management had sought four…
DuPont partners for Chinese fluoroelastomers JVby Canadian Plastics
U.S.-based chemical giant DuPont is partnering with a subsidiary of China National Chemical Corporation to serve China’s rapidly expanding fluoroelastomer market. Fluoropolymer Solutions (DuPont) and Zhonghao Chenguang Chemical Research Institute Company Limited (Chenguang), a subsidiary of China National Chemical Corporation…
DuPont selling Neoprene elastomer business to Denkaby Canadian Plastics
Chemical supplier DuPont has reached an agreement to sell its Neoprene polychloroprene business to Denka Performance Elastomer, a new joint venture company owned 70 per cent by Japan-based Denki Kagaku Kogyo and 30 per cent by Mitsui & Co. Neoprene,…