Dow Chemical and DuPont, two of the oldest US companies, announced the tie-up in December to create the world's biggest chemical and materials group valued at USD 130 billion.
DuPont Nutrition & Health, a leading supplier of food ingredient solutions to the global dairy industry, continues to inspire Indian ice cream ...
The layoffs, tied to a USD 700 million cost-cutting plan announced by DuPont on December 11, will have a "significant" impact on Delaware, the mid-Atlantic state where the company is based, said chief executive Ed Breen in a message to employees reviewed by AFP.
The deal to combine two of the biggest and oldest US chemical producers is a prelude to an eventual split-up of the combined company into three discrete businesses, Dow and DuPont said on Friday.
A deal, which would face regulatory approval in several countries, would allow the two US companies to rejig their assets based on their diverging fortunes.
Diversified group DuPont today said it is looking at growing its packaging business in India by 12-15 percent over the next 3 to 5 years. "We are looking at growing our packaging business in India by 12 to 15 percent over the next 3 to 5 years," DuPont Packaging & Industrial Polymers, Asia Pacific Marketing Director Roger Kant told PTI.
Investors attempting to determine whether US equities will rebound from Friday's selloff or continue to sink will look to a deluge of earnings next week for a clearer picture of the economy.
Under the agreement SRF will own Du Font‘s â€˜Dymel‘ brand and receive the technology and knowhow for setting up its own cGMP facility for manufacturing HFC 134a Pharma grade. DuPont will supply SRF the product from its existing facility till SRF‘s facility is approved.
Blue chips' profits and China's efforts to avoid a hard landing for its slowing economy, lifted the Wall Street in its opening session on Tuesday. Solid earnings from DuPont and Travelers helped the US stocks.
Jon Najarian's no wimp. He's taken his shots more than once during three decades playing the US stock and options markets and before that as a college football player. So he doesn't scare easily.
With earnings momentum on the rise, the S&P 500 seems to have few hurdles ahead as it continues to power higher, its all-time high a not-so-distant goal.
US stocks fell on Tuesday, driving the Dow industrials to the biggest drop since June 21, as weak results from index members DuPont and United Technologies showed profit growth is slowing.
India has been ranked 66, much lower than neighbouring China, in the 2012 Global Food Security Index released today by the American chemical company DuPont.
DuPont today announced opening of its first integrated ballistic facility in Asia Pacific region in the Andhra Pradesh capital.
Science and engineering products firm Dupont announced management rejig in the company today. The company said Rajeev Vaidya has been appointed as the new President for South Asia and the appointment will be effective from December 15 2011.
International arbitration clauses are ubiquitous in most contracts. And research shows that the international chamber of commerce or ICC is the most popular arbitration center.
Chemicals major DuPont is looking at acquiring Denmark's enzyme and specialty food ingredients maker Danisco for USD 6.3 billion.
US chemicals group DuPont said on Sunday it will buy Danish food ingredients and enzymes firm Danisco for USD 5.8 bn to boost its position in the fast-growing food sector.