The continued releases could be an indication that the two companies are still using PFOA, despite their assurances otherwise. The company has previously said it plans to cut 10% of its workforce. Environmental Working Group is a 501(c)(3) nonprofit corporation, EIN 52-2148600. The Parkersburg facility was owned by DuPont until it spun off its chemical division into Chemours, in 2015. DuPont trades for about 17 times estimated 2020 earnings, in line with other chemical companies in the S&P. DuPont Dec 18, 2020, 06:00 ET. In millions (Unaudited) Nine Months Ended September 30, 2020. And some companies that are not subject to those agreements have admitted they still use PFOA. DuPont de Nemours, Inc. Consolidated Statement of Cash Flows. Track elected officials, research health conditions, and find news … Bioethanol Market 2020-2024- Archer Daniels Midland Co., BP Plc, DuPont de Nemours Inc., Among Others to Contribute to the Market Growth | Technavio - … The EPA has identified just over 200 PCBs, and there are far more PFAS chemicals. See page 7 for further discussion. McLaren Beverly Hills is proud to present this 2020 McLaren 620R Coupe in White and Black McLaren Beverly Hills is part of O'Gara Coach Company, the … Organic sales were down 14 percent with volume down 9 percent and price lower by 5 percent. Operating EBITDA for the segment was $357 million, an increase of 12 percent from operating EBITDA of $320 million in the year-ago period, driven primarily by strong volume growth and continued productivity actions. The Big Bang of the nationwide “forever chemicals” crisis was the revelation in 2001 that PFOA, a toxic compound used to make Teflon, had contaminated the drinking water for 70,000 people near a DuPont factory in West Virginia. Regulators are reviewing the proposed merger between DuPont and Dow Chemical, which would create the world's biggest chemical and materials company, valued at about $130 billion. Organic sales were down 9 percent with a 1 percent price improvement offset by a 10 percent decline in volume. 2019. The challenge of cleaning up PCBs pales in comparison to the coming PFAS crisis. “Execution of these Non-Core divestitures and the continued progress towards the anticipated closing of the Nutrition & Biosciences transaction(1) in the first quarter 2021 exemplify our commitment to create both market-leading businesses and value for our shareholders.”. The absence of a prior year gain on the sale of DuPont Sustainable Solutions, lower volumes and the impact of the trichlorosilane and Hemlock Semiconductor divestitures in September 2020 more than offset cost productivity. The slide presentation that accompanies the conference call will be posted on the DuPont’s Investor Relations Events and Presentations page. DuPont Dec 31, 2020, 16:15 ET. Volume declined 9 percent due to lower auto builds. Electronics & Imaging reported a record quarter with net sales of $1.0 billion, up 7 percent from the year-ago period. Get the latest DuPont de Nemours, Inc. (DD) stock news and headlines to help you in your trading and investing decisions. The ongoing cleanup of another group of forever chemicals, polychlorinated biphenyls, or PCBs, underscores the gravity and longevity of the PFAS problem. If they have misled the public about ongoing use of this toxic chemical, they should be held accountable. Cancel Sign Out Currency was neutral and portfolio was a 1 percent headwind. Contact Information; Home > Investors > DuPont Investors - Starting June 1, 2019 > Events & Presentations > Event Details. Even if the ongoing discharges in Ohio and West Virginia can be attributed to legacy discharges, that’s little comfort. “We expect to deliver full-year 2020 adjusted EPS(2) in the range of $3.17 to $3.21 on net sales of $20.1 billion to $20.2 billion.”. It underscores how even if industry stops using PFOA or other PFAS chemicals, they will be with us for a long time – and that as we try to get rid of the PFOA in the environment, it’s being replaced with newer kinds of PFAS that are less studied and, research shows, potentially as dangerous, with many of the same toxicity concerns as old PFAS chemicals. 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