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DuPont de Nemours, Inc. reports recurring developments across its specialty materials and advanced solutions businesses serving healthcare, water, construction and industrial markets. Company updates include product introductions such as DuPont Water Solutions digital tools for reverse osmosis operations, Corian® Design surface materials, and Liveo™ components for pharmaceutical and biopharmaceutical processing.
DuPont news also covers R&D and digital innovation initiatives, including AI-enabled laboratory workflows and customer-facing analytics, along with operating and financial results, regular common-stock dividends, shareholder voting matters, capital-structure disclosures and governance changes.
DuPont executives, Ed Breen and Lori Koch, will present at Deutsche Bank's 12th Annual Global Basic Materials Conference on June 9, 2021, from 9:45 a.m. to 10:20 a.m. ET. A live audio webcast will be available on the DuPont investors website, with a replay accessible for 90 days post-event. DuPont is a global leader in technology-based materials and solutions across various sectors, including electronics and healthcare. More information is available on www.dupont.com.
On May 12, 2021, DuPont (NYSE: DD) co-hosted a seminar in Shanghai focused on sustainable flame retardants for energy-efficient buildings. This event, in collaboration with the China Association of Building Energy Efficiency and partners, aimed to promote the ban of hexabromocyclododecane (HBCD) and introduce the safer BLUEDGE™ Polymeric Flame Retardant. As HBCD's exemption period ends in December 2021, DuPont emphasizes the low toxicity and environmental impact of BLUEDGE™, which is already in use by several manufacturers in various projects.
DuPont (NYSE: DD) reported first-quarter 2021 net sales of $4.0 billion, an 8% increase from the previous year, driven by growth across all segments. Electronics & Industrial led with $1.3 billion in sales, a 17% rise. The company completed the spin-off of its Nutrition & Biosciences business and signed agreements for divestitures expected to yield $8 billion. Adjusted EPS reached $0.91, up 90%. DuPont raised its full-year net sales guidance to $15.7-$15.9 billion, reflecting confidence in market demand despite ongoing raw material challenges.
DuPont announced the appointment of Deanna M. Mulligan to its Board of Directors, effective April 27, 2021. This decision was solidified during the Company's Annual Meeting of Stockholders on April 28, 2021. Mulligan, a former CEO of The Guardian Life Insurance Company, brings extensive leadership and risk management experience. She has held various significant positions and currently serves on multiple boards, including The Vanguard Group and New York Presbyterian Hospital. Her addition is expected to enhance DuPont's governance and strategic direction.
DuPont (NYSE: DD) has announced a commitment of $20 million to the Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC). This investment aims to enhance access to capital for Black-led businesses, promoting economic growth and wealth creation in Black communities. Ed Breen, DuPont's CEO, emphasized the importance of inclusivity for innovation and growth. The initiative aligns with DuPont's 2030 Sustainability Goals to support diversity and equity.
DuPont (NYSE: DD) has declared a $0.30 per share dividend for the second quarter of 2021. This dividend is payable on June 15, 2021, to shareholders recorded by the end of business on May 28, 2021. This announcement reflects DuPont's commitment to returning value to its shareholders while continuing to innovate across various industries, such as electronics, healthcare, and construction.
DuPont (NYSE: DD) received recognition from the American Chemistry Council (ACC) as a 2021 Responsible Care® awardee, highlighting its Outstanding COVID-19 Response Efforts. The company supplied over 100 million Tyvek® garments and donated 44,000 liters of hand sanitizer during the pandemic. Additionally, DuPont was honored for Facility Safety, with 31 sites recognized for excellence in preventing injuries, and for Energy Efficiency, acknowledging various operational improvements. These awards underscore DuPont's commitment to sustainability and safety in its operations.
DuPont is investing approximately $30 million to construct a new manufacturing facility in Zhangjiagang, Jiangsu Province, China. The facility aims to produce adhesives for the transportation industry, specifically addressing the trends of vehicle electrification and lightweighting. Construction is set to begin in Q3 2021, with operations expected by early 2023. This facility will enhance DuPont's capabilities in advanced adhesive technology, including offerings for battery thermal management and vehicle body structures, reinforcing its position in the Asian market.
DuPont (NYSE:DD) has launched a groundbreaking pre-treatment technology designed to combat biofouling in Reverse Osmosis (RO) systems. This new solution, DuPont™ B-Free™, reduces operational costs and enhances plant reliability by creating a biostatic environment without chemicals. B-Free™ technology significantly decreases Clean-In-Place (CIP) frequency by up to 75% and can potentially double the lifespan of RO membranes. This innovation aligns with the UN's Sustainable Development Goals, reflecting DuPont's commitment to addressing global water challenges.
DuPont will be represented by its Executive Chairman and CEO, Ed Breen, at the J.P. Morgan 2021 Industrials Conference on March 15, 2021, from 11:20 a.m. to 12:00 p.m. ET. A live audio webcast of the presentation will be available on the DuPont investors website. This event will include related materials and a replay will be accessible for 30 days post-presentation. DuPont continues to be a leader in innovative materials across various industries.