DowDuPont is a company with pro forma net sales of $80
billion and leadership positions in three global divisions: Agriculture, Materials
Science and Specialty
Products
History of DuPont.- DuPont was established in 1802,
by Eleuthere Irenee Du Pont.
Eleuthere Irenee DuPont was
an oligarch who ran away from the French revolution and later he founded DuPont in US. ... In 1811, DuPont became the largest supplier of
gunpowder for the US military.
E.
I. du Pont de Nemours and Company, commonly referred to as DuPont is an American conglomerate that was founded in
July 1802 in Wilmington, Delaware, as a gunpowder mill by French-American chemist and industrialist Éleuthère Irénée du
Pont.
In the 20th century,
DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kapton, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona, Corfam, and Lycra. DuPont developed Freon (chlorofluorocarbons) for the refrigerant industry, and later other refrigerants. It also
developed synthetic pigments and paints
including ChromaFlair.
In 2014, DuPont was the
world's fourth-largest chemical company based on market capitalization and eighth-largest
based on revenue. On August 31, 2017, it merged with the Dow Chemical Company to create DowDuPont, the world's largest chemical company in terms of sales, of
which DuPont is now a subsidiary. Its stock price is a component of the Dow Jones Industrial
Average.
Dow was founded in 1897 by chemist Herbert
Henry Dow, who invented a new method of extracting the bromine that was trapped
underground in brine at Midland, Michigan.
Dow originally sold only bleach and potassium bromide, achieving a bleach
output of 72 tons a day in 1902.
Largest chemical
manufacturing companies: BASF (Germany) BASF SE,
originally Badische Anilin-und Soda-Fabrik, is the largest chemical company in
the world. The company is headquartered in Ludwigshafen, Germanyand owns various subsidiaries
in more than 80 countries around the world. BASF was established on 6 April
1865 in Mannheim by Fredric Engelhorn.
US forces Germany's Bayer to shed $9 billion in ag
business in biggest ever antitrust sell-off. Bayer has agreed to sell agricultural businesses and assets
worth about $9 billion to chemical company BASF. ... The sell-off will allow Bayer to
proceed with a proposed $66 billion acquisition of Monsanto.- May 29, 2018
In the 1980s, Asia took most chemical manufacturing from the
US. Now Pharma is in the mix and Germany is acquiring US companies.
Norb Leahy, Dunwoody
GA Tea Party Leader
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