As the work begins to divide up the company, DuPont announced it projects $12.45 billion in revenue this year, lifted by strong sales in semiconductors and AI technology.
DuPont has started the long road of dividing the company into three, yet again, with new leadership guiding the way to create new value to the Delaware company.
Right before the stock market closed for the day, DuPont announced that it would split into three companies. CEO Ed Breen also announced that he would be stepping down as of June 1.
DuPont unveiled its newest production plant near Newark that will produce Kalrez O-rings for the growing semiconductor industry.
Delrin has become Delaware’s newest company after DuPont closed a majority stake sale of its former namesake product line on Wednesday.
Premier Digital Partners
© 2024 Delaware Business Times
