Alfred dupont born east orange nj8/17/2023 The company grew quickly, and by the mid-19th century had become the largest supplier of gunpowder to the United States military, supplying one-third to one-half the powder used by the Union Army during the American Civil War. The company began as a manufacturer of gunpowder, as du Pont noticed that the industry in North America was lagging behind Europe. He started the company at the Eleutherian Mills, on the Brandywine Creek, near Wilmington, Delaware, two years after du Pont and his family left France to escape the French Revolution and religious persecution against Huguenot Protestants. du Pont de Nemours and Companyġ802 to 1902 – First Century of Business ĭuPont was founded in 1802 by Éleuthère Irénée du Pont, using capital raised in France and gunpowder machinery imported from France. The present DuPont, as prior to the merger, is headquartered in Wilmington, Delaware, in the state where it is incorporated. The merger has been reported to be worth an estimated $130 billion. Prior to the spinoffs it was the world's largest chemical company in terms of sales. As a merged entity, DuPont simultaneously acquired Dow and renamed itself to DowDuPont on August 31, 2017, and after 18 months spun off the merged entity's material science divisions into a new corporate entity bearing Dow Chemical's name and agribusiness divisions into the newly-created Corteva DowDuPont reverted its name to DuPont and kept the specialty products divisions. In 2015, DuPont and the Dow Chemical Company agreed to a reorganization plan in which the two companies would merge and split into three. It also developed synthetic pigments and paints including ChromaFlair. DuPont developed many polymers such as Vespel, neoprene, nylon, Corian, Teflon, Mylar, Kapton, Kevlar, Zemdrain, M5 fiber, Nomex, Tyvek, Sorona, Corfam and Lycra in the 20th century, and its scientists developed many chemicals, most notably Freon ( chlorofluorocarbons), for the refrigerant industry. The company played a major role in the development of Delaware and first arose as a major supplier of gunpowder. DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours.
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