July 7, 1981 A merger of industrial giants: DuPont and Conoco. In one $7.3 billion gulp DuPont will swallow Conoco Inc., the nation’s ninth largest oil company and second largest coal company.
January 26, 1996 DuPont sold its medical diagnostic-imaging business to a new company formed by Sterling Group Inc. DuPont said Thursday. The DuPont business, based in Glasgow, Del., is a global supplier of diagnostic imaging products used by hospitals and clinics., with annual sales of $525 million
1997 Monsanto tried, unsuccessfully, to merge with DuPont.
July 15, 1997 DuPont purchased four of Imperial Chemical Industries polyester units for $3 billion, its largest since the $9 billion buyout of Conoco in 1981
DuPont bought Protein Technology from Ralston for $1.5 billion.
May 19, 1998 DuPont agreed to buy out Merck & Co.’s share of their 50/50 joint venture, DuPont Merck Pharmaceutical Co., for $2.6 billion
October 30, 1998 DuPont in $1.9 billion deal bought the paint maker Herberts from Hoechst.
DuPont bought genetically modified seed-maker Pioneer Hi-Bred International Inc for $7.7 billion in two stages in 1997 and 1999.
July 9, 1999 DuPont sold, in 1998, 30 percent of Conoco for $4.4 billion. Now the company tried to shed the remaining 70 percent of Conoco through a stock swap with shareholders before the end of the year. However, only 353 million DuPont shares were tendered on August 6. Nearly 800 million shares were not tendered! 42% of the tendered shares were accepted on a pro-rata basis. DuPont and Conoco sued and counter-sued one another in 2000, in a dispute over investment banking fees. Finally. Conoco was acquired by Phillips Petroleum for $15.2 billion in stock in November 2001.
April 5, 1999 DuPont sold its Somos solid imaging business to DSM Desotech Inc. DSM Desotech also purchased the remaining worldwide rights to Somos equipment technology. The Somos business provides stereolithography liquids and selective laser sintering powders used in solid imaging to make three-dimensional objects from digital data.
November 20, 1999 A division of DuPont has acquired Krystal Holographics International Inc., a hologram manufacturing company
February 22, 2001 DuPont Performance Coatings announced the sale of its CorMax secondary-containment and tank-lining systems to Dudick Inc. CorMax products include epoxy phenolic and sprayable elastomeric membrane materials used in the food and beverage and petrochemical industries.
May 1, 2001 DuPont Performance Coatings bought from its partner in the Australian coatings manufacturer Croda Herberts Pty its 50% stake in the company.
November 6, 2001 Bristol-Myers Squibb bought DuPont’s pharmaceuticals unit for $7.8 billion
November 07, 2002 DuPont has acquired ChemFirst Inc., a supplier of chemicals to the semiconductor industry but also a producer of chemical intermediates for about $400 million.
February 13, 2003 DuPont bought 30% of Statoil’s Norferm to form bioprotein jv. Norferm operates the world’s only methane-based bioprotein plant.
March 30th, 2003 DuPont Engineering Polymers has purchased the crystalline plastics business of Eastman Chemical, Kingsport, TN. The business involves Eastman’s Titan liquid crystal polymers, Thermx EG reinforced thermoplastic polyesters, and Thermx PCT polycyclohexylene dimethyl terephthalates.
October 9, 2003 DuPont Acquired Antec International, leaders in biosecurity.
November 06, 2003 DuPont purchased Griffin Corporation’s interest in crop protection joint venture Griffin LLC, becoming the sole owner of the Valdosta, Georgia-based Griffin LLC.
April 30, 2004 DuPont, which had split its polyester and textile activities, including nylon and spandex, into a separate company named Invista, in 2002, sold Invista to Koch for $4.4 billion.
November 30, 2007 DuPont Liquid Packaging Systems is selling its performance films business segment and its Whitby operating facility to Exopack Performance Films.
February 1, 2008 DuPont purchased the Chemtura Corporation’s fluorine chemicals business.
May 7, 2010 The Advanced Engineered Materials unit of Celanese has acquired a pair of specialty resin businesses from DuPont
June 4, 2010 DuPont announced plans to buy three regional seed companies: AgVenture, Hoegemeyer Hybrids and NuTech Seed.
Nov 13, 2010 DuPont acquired MECS Inc., a leading provider of services related to the world’s most-used chemical, sulfuric acid .
December 28, 2010 The DuPont Pioneer Hi-Bred seed unit has acquired Washington Court House, Ohio-based Seed Consultants Inc. and Lake Providence, Louisiana-based Terral Seed.
January 10, 2011 DuPont acquired enzyme maker Danisco for $6.6 billion.
March 13, 2011 DuPont Crop Protection has sold its global non-mixture mancozeb fungicide business to United Phosphorus Ltd.
April 12, 2011 3M has agreed to buy from DuPont the latter’s advanced composite technology facility, which is sitting idle.
July 25, 2011 DuPont announced that it has bought Innovalight, a Silicon Valley startup that makes silicon ink that solar-cell makers can use to improve the amount of electricity that the cells can squeeze out of sunlight.
December 30, 2011 DuPont sold to the Sterling Group the Liqui-Box Corporation (“Liqui-Box”) . Liqui-Box is the twenty-first corporate carve-out in Sterling’s thirty year history and the fourth business Sterling has acquired from DuPont. Liqui-Box is a leading supplier of bag-in-box flexible packaging to the global dairy, beverage and bulk food markets.
April 03, 2012 Air Products announced it had completed the acquisition of DuPont’s interest in DuPont Air Products NanoMaterials LLC, the two companies’ 50-50 joint venture
May 1, 2012 DuPont acquired from Bunge its 28% share of the Solae, LLC joint venture, a soy-based ingredients company.
June 21, 2012 DuPont acquired a unit of Britain’s BAE Systems Plc and has taken a minority stake in a U.S. high-technology start up, Nanocomp Technologies Inc, in order to expand its portfolio of high-performance protection materials.
August 29, 2012 Syngenta acquired DuPont Professional Products insecticides business.
August 30, 2012 DuPont sold DuPont car and industrial coatings unit to Carlyle for $4.9 billion. Carlyle renamed the unit Axalta.
December 19, 2012 DuPont Industrial Biosciences bought the proprietary xylose isomerase technology, enabling the metabolism of 5-carbon sugars, from Verdezyne.
March 26, 2013 DuPont agreed to pay Monsanto Co at least $1.75 billion in a new licensing deal and both companies have agreed to dissolve their bitter legal battles over rights to technology for genetically modified seeds.
August 01, 2013, DuPont Pioneer has closed a transaction to acquire a majority stake in South Africa-based seed company Pannar Seed (Pty) Limited.
September 11, 2013 DuPont sold its Earthcycle Packaging company to CFK.
October 21, 2013 DuPont was pressured, by analysts and investors, to sell or spin off Ag business. DuPont’s agriculture business generated $8.3 billion in revenue in the first half of the year. however, the company preferred a different spin off.
October 24, 2013 After months of exploring options, management at DuPont Co. announced last week they have decided to spin off the chemical giant’s Performance Chemicals unit into a separate company.
The Performance Chemicals unit, which produces pigments,(Mainly TiO2), refrigerants,polymers for cables and Teflon non-stick coatings, generated about $7 billion in revenue in 2012, but has lagged due to price pressures and sluggish growth in the overall economy.
November 21, 2013 Kuraray and DuPont signed a definitive agreement for DuPont to sell Glass Laminating Solutions/Vinyls, a part of DuPont Packaging & Industrial Polymers, to Kuraray for $543 million, plus the value of the inventories.
December 17, 2014 DuPont sold to Dow the food colouring product line and related processing equipment from Danisco USA Inc., a part of DuPont Nutrition & Health since 2011.
March 14, 2014 Bayer MaterialScience (BMS) acquired DuPont’s Baytown, TX, aniline production plant.
June 5, 2014 DuPont sold Laticrete DuPont’s surface care business.
June 5, 2014 DuPont Co., under pressure from shareholders to sell cyclical and commodity business lines and invest in faster-growing or more-profitable units, today said it’s agreed to sell six plants – in Texas, West Virginia, North Carolina, and sites in Europe and Asia – that make vinyl and plastic bases for auto glass, building pieces and other industrial uses, to Japan’s Kuraray, for $543 million.
August 21, 2014 Mitsui & Co., Ltd. acquired the global business operations of DuPont’s copper fungicide trademark (Kocide®).
July 1, 2014 White Knight Engineered Products, a manufacturer of reusable and disposable textile products, announced today the sale of its non-woven apparel line to DuPont Nonwovens
August 7, 2014 Borealis AG bought out DuPont Co.’s two-thirds share in their specialty polymers Antwerp NV joint venture
August 2014 Jacob Holm & Sønner Holding A/S, a Swiss company that manufactures spunlaced nonwoven fabrics, acquired DuPont’s Sontara business,
August 20, 2014 DuPont sold Copper Fungicide business assets to Mitsui
November 03, 2014 Bayer CropScience and DuPont Crop Protection have signed an agreement for Bayer to purchase certain DuPont Crop Protection Land Management assets in the U.S., Canada, Mexico, Australia and New Zealand.
December 1, 2014 DuPont likely to take over FMC Corp in the Intermediate Term. However, this has not materialized.
December 10, 2014 DuPont Co. announced that it will sell the business unit that makes Neoprene, the synthetic rubber invented by the company more than 80 years ago and made in Louisiana to the Japanese Denka Performance Elastomer LLC
December 19, 2014 S&W Seed, a Five Points, Calif., alfalfa seed company bought the alfalfa production and research business of DuPont Pioneer for $49 million.
December 22, 2014: DuPont announced it will move its corporate offices to suburban Chestnut Run Plaza in 2015, marking the end of an era in downtown Wilmington. The company will continue to operate the hotel and theater businesses. After DuPont spins off its performance chemicals business as the Chemours Co. in mid-2015, that new publicly traded company will move into the DuPont Building.
January 5, 2015 India SRF bought DuPont’s Dymel HFC 134a pharmaceutical propellants business and plans a pharma-grade inhaler propellant manufacturing plant in India with tech and knowhow acquired from DuPont for $20 million.
In a further sell-off of its pharmaceutical interests, DuPont has sold its HFC-227ea/P medical propellant business to Mexichem UK. for $4 million
January 5, 2015 A new chemical company ranked among the largest in the U.S., is born . Chemours is the name of the chemicals business DuPont intends to spin off as a new company next year. The firm will occupy a building in Wilmington, Del., that DuPont, after more than 100 years, is vacating.
DuPont disclosed that the businesses to become Chemours earned $430 million in pretax income on $4.9 billion in sales during the first nine months of 2014. Chemours’s biggest business, the white pigment titanium dioxide, makes up 46% of sales. Fluoroproducts account for 36% of sales. The rest of Chemours’s businesses are in sodium cyanide, sulfuric acid, aniline, and other chemicals. Chemours’s 9,100 employees will be led by CEO Mark P. Vergnano, who has run the performance chemicals unit for DuPont since 2009.
January 12, 2015 The Grand Opera House Inc., an entertainment group based in Wilmington, Del., plans to acquire the 101-year-old DuPont Theater from the company, in a deal that DuPont Chief Executive Ellen Kullman called “a strategic and mutually beneficial business decision”. The DuPont headquarters are located in the top floors of the Opera building.