DuPont de Nemours is even older than Dow, with its establishment dating back to the early 1800s. Customers use the company's products in multiple industries, including building and construction, electronics, healthcare, transportation, and worker safety.
Like Dow, DuPont has undergone many changes. The current company was one of three divisions of DowDuPont that separated in the 2019 reorganization. In February 2021, DuPont spun off its nutrition and biosciences business, and the unit merged with International Flavors & Fragrances (IFF +0.14%).
DuPont completed the acquisition of Laird Performance Materials for $2.3 billion in July 2021. The transaction boosted the company's leadership position in supplying electronics materials for several markets, including artificial intelligence, autonomous vehicles, Internet of Things, and 5G networks. DuPont's materials are already widely used in smartphones, semiconductors, and OLED (organic light-emitting diode) displays.
The company sold the majority of its mobility and materials segment to Celanese (CE +3.07%) in 2022. It divested a majority stake in the Delrin polymer business in 2023.
More recently, Dupont acquired medical device company Donatelle Plastics in July 2024. This deal added Donatelle's injection molding manufacturing capabilities to the company's healthcare offerings. The company is also in the process of spinning off its electronics business as a separate entity.