DuPont de Nemours, Inc. - $DD STOCK NEWS

DuPont (NYSE: DD) launches Tyvek® Sustainable Healthcare Packaging Awards to recognize sustainability in the healthcare industry. The awards program is open to medical device and pharmaceutical manufacturers, sterile packaging manufacturers, healthcare facilities, universities, and other healthcare companies focused on sustainable packaging made with DuPont™ Tyvek® material. The initiative or solution must be implemented within the last 18 months and show significant sustainability-focused achievement and resulting metrics.

DuPont (NYSE: DD) announced preliminary financial results for the fourth quarter and full year ended December 31, 2023, provided an initial outlook for the first quarter of 2024, and scheduled its fourth-quarter 2023 quarterly earnings conference call. The company reported net sales of approximately $2.90 billion for the fourth quarter and $12.07 billion for the full year. It also provided an initial outlook for the first quarter of 2024, with net sales expected to be approximately $2.8 billion and operating EBITDA expected to be approximately $610 million. However, the company expects sequential sales and earnings to decline in the first quarter of 2024 due to lower volume environment, weak demand in China, and channel inventory destocking within its industrial businesses. Additionally, DuPont identified a triggering event as of December 31, 2023, and performed an impairment analysis of the Protection reporting unit within the Water & Protection segment, expecting to record a non-cash goodwill impairment charge in the range of $750 million to $850 million. The company will provide more detail on the fourth quarter and full year 2023, as well as its 2024 outlook as part of its fourth-quarter earnings conference call on February 6th.

DuPont (NYSE: DD) and Point Blank Enterprises (PBE) have announced an exclusive agreement to offer body armor made with Kevlar® EXO™ aramid fiber for North America State and Local Law Enforcement departments. Kevlar® EXO™ offers an unprecedented combination of lightweight, flexibility, and protection from an aramid fiber, providing law enforcement officers with previously unavailable levels of ballistic protection without compromising mobility and comfort. The new body armor will meet NIJ standards and provide a flexible and lightweight solution that empowers law enforcement personnel to operate at peak performance.

DuPont™ Tedlar® and the SPE Foundation award two students with $2,500 scholarships each for academic study focused on plastics engineering. The scholarships are part of a year-long partnership between DuPont™ Tedlar® and SPE to support the future workforce for the plastics industry.

Chemours Company (CC) announces continued support for PFAS-related drinking water claims settlement with DuPont de Nemours, Inc. (DD) and Corteva, Inc. (CTVA)

DuPont (NYSE: DD) has been named the Best Partner in the Environmental, Social and Governance (ESG) category by Samsung Electronics at the M-day event. The award recognizes DuPont's significant contributions in establishing a sustainable supply chain by collaborating to develop more sustainable semiconductor materials. This reflects DuPont's commitment to driving sustainable growth and innovation alongside its customers, including reducing energy consumption and emissions, improving material and process circularity, and enhancing responsible procurement practices.

DuPont (NYSE:DD) collaborates with Coryor Surface Treatment Company Ltd. and Nippon Paint Taiwan to introduce new printed Tedlar® PVF solutions and PVF coating at Taipei Building Show. The innovative PVF product made with Tedlar® offers weathering resistance, UV and weather durability, and chemical resistance. Tedlar® films provide long-lasting aesthetic protection for architectural applications, reducing maintenance costs and preserving building appearance for a lifetime.

DuPont (NYSE: DD) receives the Equality 100 Award for LGBTQ+ Workplace Inclusion, achieving a perfect score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index. The company's efforts in promoting LGBTQ+ friendly workplace policies earned it the designation as a Leader in LGBTQ+ Workplace Inclusion. DuPont aims to become one of the world's most inclusive workplaces, emphasizing diversity of thought and creativity among its teams and leaders. The CEI rates employers providing crucial protections to over 20 million U.S. workers and an additional 18 million outside of the U.S.

DuPont (NYSE:DD) announced a 94% reduction in embodied carbon for its Low-GWP Styrofoam™ Brand XPS insulation, now available across North America. The new insulation maintains moisture resistance and thermal performance criteria, offering LEED v4.1 LCA Optimization credit and a 200% cost benefit. Certifications include UL environmental product declarations, UL certification for pre-consumer recycled content, and GreenCircle Certified Material Ingredient reporting. The product also received the 2023 American Chemistry Council Sustainability Leadership Award in the Environmental Protection category. The transition to low-GWP Styrofoam™ Brand XPS insulation supports DuPont's goal to achieve a 75% reduction in GHG emissions by 2030.