WILMINGTON, Del., Aug. 23,
2022 /PRNewswire/ -- DuPont (NYSE: DD)
today announced that it has been named winner of five 2022
R&D100 Awards in the Mechanical/Materials category.
The R&D 100 Awards, sponsored by R&D World Magazine,
recognizes the 100 most innovative technologies of the previous
year. The awards add to DuPont's impressive streak of new product
innovation, having 22 finalists and 10 R&D 100 winners in the
last five years.
"Innovation is at the center of everything we do at DuPont, and
receiving this award exemplifies DuPont's tireless pursuit
of outcome-driven research that is driving growth in our
strategic focus areas," said Alexa
Dembek, DuPont Chief Technology & Sustainability
Officer. "I'm so proud of the innovation and ingenuity our teams
contribute every day to translate cutting-edge thinking into
customer impact while living our purpose to empower the world with
essential innovations to thrive."
DuPont winning technologies include solutions for water, next
generation automotive, electronics and sustainable
construction:
Brine Concentration with FilmTec™ Fortilife™ XC120 membranes
– FilmTec™ Fortilife™ XC120 is a spiral-wound reverse osmosis
element that recovers more water and achieves higher brine
concentrations in wastewater treatment systems than conventional
products. This is accomplished with an innovative membrane and
specialized feed and permeate spacers, leading to unique
performance in minimal liquid discharge applications.
DuPont™ BETATECH™ Thermal Interface Material – BETATECH™
thermal interface material is a novel solution that helps control
heat in electric vehicle batteries. High thermal conductivity
allows for efficient thermal management, helping maintain optimal
battery temperatures during both charging and operation, extending
vehicle range and enhancing vehicle safety due to decreased chance
of thermal runaway.
KapFlo™: Clear Polyimides without compromising High
Temperature Stability for Next Generation OLED Smartphone Displays
– Smartphone manufacturers have been trying numerous ways to
create a truly edge-to-edge display that reaches all four edges of
the frame with no interruption. This requires a flexible, optically
clear, and high-temperature stable polymer as OLED substrate
material. KapFlo(TM) is the first of its kind material to enable
this technology.
Low GWP Froth-Pak™ Spray Foam – The new Froth-Pak™ spray
foams boast a blowing agent GWP reduction of more than 99% as
compared to blowing agents used in past formulations, while
maintaining the performance attributes professional contractors
expect. Froth-Pak™ Spray Foam is a portable kit for professional
contractors to efficiently fill wall cavities and penetrations –
improving energy efficiency, building resilience and comfort for
homeowners.
Innovations from DuPont's Mobility & Materials businesses
were also recognized:
R&D 100 Award Winner: DuPont™ GreenTape™ 9KC LTCC and Ag
metallization for mmWave 5G wireless devices – DuPont™
GreenTape™ 9KC Low Temperature Co-fired Ceramic (LTCC) system with
Ag metallization is known for the lowest dielectric loss at Df ≤
0.0009 throughout the 5G millimeter wave wireless communication
frequencies. This system enables economic mass production for high
reliability modules featuring heterogenous IC packaging, antennae,
signal routing.
R&D 100 Award Finalists: DuPont Zytel® HTN50Gxx
series (HTN50G35HSL, HTN50G35FWS): from a new polymer backbone
HTN500 PPA (Polyphthalamide) resin for Automotive Application and
DuPont Zytel® RS32G10DO Renewably-Sourced Low-Density Material for
Light-Weighting Consumer Electronics.
DuPont announced that it will divest a majority of the Mobility
& Materials segment to Celanese on February 18, 2022.
The R&D 100 Awards, now in its 60th year, are
widely recognized as the "Oscars of Invention," as they identify
and celebrate the top technology products and services of the year.
This year, the R&D Awards received entries from a dozen
different countries and regions and nominations were judged by 50
well-respected industry professionals around the world.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with
technology-based materials and solutions that help transform
industries and everyday life. Our employees apply diverse science
and expertise to help customers advance their best ideas and
deliver essential innovations in key markets including electronics,
transportation, construction, water, healthcare and worker safety.
More information about the company, its businesses and solutions
can be found at www.dupont.com. Investors can access information
included on the Investor Relations section of the website at
investors.dupont.com.
# # #
DuPont™, the DuPont
Oval Logo, and all trademarks and service marks denoted with
™, SM or ® are owned by affiliates of DuPont
de Nemours, Inc. unless otherwise noted.
|
Overview
On November 2, 2021, DuPont
announced it has entered definitive agreements to acquire Rogers
Corporation ("Rogers"), (the "Intended Rogers Acquisition"). On
January 25, 2022,
Rogers's shareholders approved the transaction. Closing is
expected in the third quarter 2022, subject to regulatory approvals
and customary closing conditions.
On February 18, 2022, DuPont
announced that it has entered into definitive agreements to divest
a majority of its historic Mobility & Materials segment,
excluding certain Advanced Solutions and Performance Resins
businesses, to Celanese Corporation ("Celanese"), (the "M&M
Divestiture"). Closing is expected around the end of 2022, subject
to regulatory approvals and customary closing conditions. The
Company also announced on February
18, 2022, that its Board of Directors has approved the
divestiture of the Delrin® acetal homopolymer (H-POM)
business. In addition to the entry into definitive agreements, the
Company anticipates that the closing of the sale of
Delrin® would be subject to regulatory approvals and
other customary closing conditions, (the "Delrin® Divestiture" and
together with the M&M Divestiture, the "M&M
Divestitures").
As of March 31, 2022, the results
of operations and the assets and liabilities of the businesses in
scope for the M&M Divestitures are presented as discontinued
operations for all periods presented. The cash flows of these
businesses have not been segregated and are included in the interim
Consolidated Statement of Cash Flows. Unless otherwise indicated,
the discussion of results, including the financial measures further
discussed below, refer only to DuPont's Continuing Operations and
do not include discussion of balances or activity of the businesses
in scope for the M&M Divestitures. The Auto Adhesives &
Fluids, MultibaseTM and Tedlar® product
lines previously within the historic Mobility & Materials
segment (the "Retained Businesses") are not included in the scope
of the intended divestitures. The Retained Businesses are reported
in Corporate & Other. The reporting changes have been
retrospectively applied for all periods presented.
Cautionary Statement
about Forward-looking Statements
This communication contains "forward-looking statements" within
the meaning of the federal securities laws, including Section 27A
of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. In this context,
forward-looking statements often address expected future business
and financial performance and financial condition, and often
contain words such as "expect," "anticipate," "intend," "plan,"
"believe," "seek," "see," "will," "would," "target," and similar
expressions and variations or negatives of these words.
Forward-looking statements address matters that are, to varying
degrees, uncertain and subject to risks, uncertainties, and
assumptions, many of which that are beyond DuPont's control, that
could cause actual results to differ materially from those
expressed in any forward-looking statements. Forward-looking
statements are not guarantees of future results. Some of the
important factors that could cause DuPont's actual results to
differ materially from those projected in any such forward-looking
statements include, but are not limited to: (i) the parties'
ability to meet expectations regarding the timing, completion and
accounting and tax treatments of the M&M Divestiture to
Celanese, including (x) any failure to obtain necessary regulatory
approvals, anticipated tax treatment or to satisfy any of the other
conditions to the proposed transaction, (y) the possibility that
unforeseen liabilities, future capital expenditures, revenues,
expenses, earnings, synergies, economic performance, indebtedness,
financial condition, losses, future prospects, business and
management strategies could impact the value, timing or pursuit of
the proposed transaction, and (z) risks and costs and pursuit
and/or implementation, timing and impacts to business
operations of the separation of business lines in scope for
the M&M Divestiture to Celanese, (ii) the timing and outcome of
the Delrin® Business Divestiture, including entry into definitive
agreements, and the risks, costs and ability to realize benefits
from the pursuit of the Delrin® Business Divestiture;
(iii) ability to achieve anticipated tax treatments in connection
with mergers, acquisitions, divestitures and other portfolio
changes actions and impact of changes in relevant tax and other
laws; (iv) indemnification of certain legacy liabilities; (v) risks
and costs related to each of the parties respective performance
under and the impact of the arrangement to share future eligible
PFAS costs by and between DuPont, Corteva and Chemours; (vi)
failure to timely close on anticipated terms (or at all), realize
expected benefits and effectively manage and achieve anticipated
synergies and operational efficiencies in connection with mergers,
acquisitions, divestitures and other portfolio changes including
the Intended Rogers Acquisition and the M&M Divestitures; (vii)
risks and uncertainties, including increased costs and the ability
to obtain raw materials and meet customer needs, related to
operational and supply chain impacts or disruptions, which may
result from, among other events, the COVID-19 pandemic and actions
in response to it, and geo-political and weather related events;
(viii) ability to offset increases in cost of inputs, including raw
materials, energy and logistics; (ix) risks, including ability to
achieve, and costs associated with DuPont's sustainability strategy
including the actual conduct of the company's activities and
results thereof, and the development, implementation, achievement
or continuation of any goal, program, policy or initiative
discussed or expected; and (x) other risks to DuPont's business,
operations; each as further discussed in DuPont's most recent
annual report and subsequent current and periodic reports filed
with the U.S. Securities and Exchange Commission. Unlisted factors
may present significant additional obstacles to the realization of
forward-looking statements. Consequences of material differences in
results as compared with those anticipated in the forward-looking
statements could include, among other things, business or supply
chain disruption, operational problems, financial loss, legal
liability to third parties and similar risks, any of which could
have a material adverse effect on DuPont's consolidated financial
condition, results of operations, credit rating or liquidity. You
should not place undue reliance on forward-looking statements,
which speak only as of the date they are made. DuPont assumes no
obligation to publicly provide revisions or updates to any
forward-looking statements whether as a result of new information,
future developments or otherwise, should circumstances change,
except as otherwise required by securities and other applicable
laws.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/dupont-wins-five-2022-rd-100-awards-301610687.html
SOURCE DuPont