E. I. du Pont de Nemours and Company, commonly referred to as DuPont, is an American chemical company that was founded in July 1802 as a gunpowder mill by Eleuthère Irénée du Pont. DuPont was the world's third largest chemical company based on market capitalization[citation needed] and ninth based on revenue in 2012.[3] Its stock price is a component of the Dow Jones Industrial Average.
In the 20th century, DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona and Lycra. DuPont developed Freon (chlorofluorocarbons) for the refrigerant industry, and later moreenvironmentally friendly refrigerants. It developed synthetic pigments and paints including ChromaFlair.
The company has been involved in several controversies, and has been accused of adding to air and water pollution.
 | |
| Type | Public company |
|---|---|
| Traded as | NYSE: DD Dow Jones Industrial Average Component S&P 500 Component |
| Industry | Chemicals |
| Founded | 1802 |
| Founder(s) | Eleuthère Irénée du Pont |
| Headquarters | Wilmington, Delaware, U.S. |
| Key people | Ellen Kullman (Chair of the Board & CEO) |
| Products | |
| Revenue |  US$ 34.812 billion (2012)[1] |
| Operating income | US$ 4.282 billion (2011)[1] |
| Net income | US$ 3.510 billion (2011)[1] |
| Total assets | US$ 48.492 billion (2011)[1] |
| Total equity |  US$ 8.593 billion (2011)[1] |
| Employees | 70,000 (2012)[2] |
| Website | DuPont.com |
Establishment: 1802
DuPont was founded in 1802 by Eleuthère Irénée du Pont, using capital raised in France and gunpowder machinery imported from France. The company was started at the Eleutherian Mills, on the Brandywine Creek, near Wilmington, Delaware two years after his family and he left France to escape the French Revolution. It began as a manufacturer of gunpowder, as du Pont noticed that the industry in North America was lagging behind Europe. The company grew quickly, and by the mid 19th century had become the largest supplier of gunpowder to the United States military, supplying half the powder used by the Union Army during the American Civil War. The Eleutherian Mills site was declared a National Historic Landmark in 1966 and is now a museum
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