DuPont's financial standing
Since the birth of the current incarnation of the company, the global revenue of DuPont has decreased from 22.6 billion U.S. dollars in the financial year 2018, to approximately 13 billion U.S. dollars in 2022. In 2021, the chemical company completed the divestiture of its Nutrition & Biosciences segment to International Flavors & Fragrance. Further, in 2022, DuPont divested the majority of its Mobility & Materials segment to Celanese. Through the last years, DuPont's most profitable region has been Asia Pacific, followed by the United States. In 2022,DuPont reported a net income of 5.87 billion U.S. dollars.Operational segments of DuPont
As of financial year 2022, the operations of DuPont were divided in three segments: Water & Protection, Electronics & Industrial, and Corporate & Other. The Water & Protection and Electronics & Industrial segments were the most profitable in the last year, with global revenues of over 5.9 billion U.S dollars each.Products developed by DuPont: hall of fame
DuPont develops and owns products for different sectors, including automotive, building and construction, energy, military and law enforcement, and packaging, for instance. One of the most famous products developed by DuPont is an organic fiber aramid with the commercial name of Kevlar, used widely in military equipment such as armor, belts, hoses, and composite structures, due to its light weight and durability properties. Other famous products developed by DuPont include the anti-stick coating Teflon, Lycra, Tyvek housewrap, as well as neoprene synthetic rubber and nylon.DuPont litigation on Teflon spills
Teflon, while being a highly useful product, uses perfluorooctanoic acid (or PFOA), also known as C-8, as on the of the main compounds in its formulation. Proven toxic to humans by 1982, significant traces of C-8 were found in the local water supply close to the Parkersburg manufacturing site of Dupont, in Virginia. This incident was linked to several cases of leukemia among the employees of the company.In 2017, as part of a lawsuit filled on behalf of Parkersburg residents against the company several years prior, DuPont paid around 677 million U.S. dollars to settle the case.
