09.11.24
Wilmington, DE
www.dupont.com
2023 Nonwovens Sales: $1 billion (estimated)
Plants
Richmond, VA; Luxembourg
ISO Status
All plants are ISO 9002 certified including the Luxembourg facility
Brands
DuPont Tyvek, Typar
Major Markets
Construction, healthcare, protective apparel, industrial filtration, absorbents, home furnishings, envelopes, geotextiles, graphics, packaging, footwear, automotive
In May 2024, DuPont said it would separate into three publicly traded companies. Under the plan, DuPont will execute the separations of its Electronics and Water businesses in a tax-free manner to its shareholders while the remainder of the company, known as New DuPont, will continue as a premier diversified industrial company. As independent entities, both Electronics and Water will benefit from increased focus and agility in their respective industries. At separation, each of the three companies will have strong balance sheets, attractive financial profiles and compelling growth opportunities.
As leading standalone companies, each business is expected to benefit from an ability to tailor capital allocation strategies to pursue differential strategic growth objectives, enhanced strategic flexibility to pursue portfolio-enhancing M&A, compelling investment profiles appealing to different investor bases and distinct boards of directors and management teams comprised of world-class leaders with track records of driving value creation in each specific industry.
“This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies,” says Ed Breen, DuPont, says chairman and CEO. “The three-way separation will unlock incremental value for shareholders and customers and also create new opportunities for employees. Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.”
Following the split, New DuPont will be a premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands such as Tyvek, Kevlar and Nomex. New DuPont will have a strong presence in fast-growing healthcare end-markets including applications for biopharma consumables, medical devices and medical packaging. The company will also be a leading provider of key technologies enabling advanced mobility, particularly within electric vehicles. Finally, New DuPont will remain a provider of advanced solutions serving safety, construction, aerospace and other industrial-based end-markets.
DuPont continues to innovate and invest in its Tyvek flashspun nonwovens.
Following the sale of its Sontara spunlace business in 2021, the majority of DuPont’s nonwovens efforts center around Tyvek, its flashspun material that largely targets applications like roofing and construction, and medical packaging, among others. In early 2024, DuPont announced that its Tyvek production facility at the Spruance manufacturing plant in Richmond, VA, received certification from the International Sustainability and Carbon Certification (ISCC PLUS). The Spruance facility is the second DuPont site to achieve ISCC certification, following the Luxembourg manufacturing plant, which also makes Tyvek, in November 2023. This achievement demonstrates DuPont’s commitment to advancing its sustainability goals and building capabilities to offer Tyvek products made with sustainable raw materials globally.
“Tyvek products help protect and improve the lives of millions in the end markets we serve – including healthcare packaging, personal protection, construction, and many other consumer and industrial applications. Our global integration of ISCC Plus certification in the production of Tyvek aligns with our dedication to empower our customers on their journey towards net zero emissions. We continue to increase our innovation handprint while minimizing our environmental footprint for generations to come – this is what we strive for every day,” says David Domnisch, vice president and general manager, DuPont Tyvek and Typar.
Since 2022, Tyvek has been converting its Tyvek operation sites to renewable energy. The company is achieving this by purchasing renewable energy credits (RECs) to match the energy consumed in its 2022 operations and is committed to additional purchases annually. “At DuPont, we believe urgent action is needed to address the climate crisis impacting our global communities, and that’s why we’re so proud that the most trusted names that protect people worldwide are now doing even more to protect the planet,” says Leland Weaver, president, DuPont Water & Protection. “Procuring renewable energy credits is a key milestone in our sustainability journey and we remain committed to energy efficiency in our global operations. We understand the importance of delivering sustainable innovations for our customers, value chain partners, employees and society.”
Additionally, Tyvek has partnered with Technipag, a leading manufacturer of flexible sterilizable packaging solutions, and Freepoint Eco-Systems to increase the companies’ sustainability and recycling efforts.
As it focuses on sustainability, DuPont continues to prepare for growth. The company has invested more than $400 million to expand capacity at its site in Luxembourg. The project includes a new building and third line at the site which came onstream sometime last year. Elsewhere, the company responded to heightened demand for Tyvek in protective apparel applications in 2020 with a significant investment in Richmond, VA.
www.dupont.com
2023 Nonwovens Sales: $1 billion (estimated)
Plants
Richmond, VA; Luxembourg
ISO Status
All plants are ISO 9002 certified including the Luxembourg facility
Brands
DuPont Tyvek, Typar
Major Markets
Construction, healthcare, protective apparel, industrial filtration, absorbents, home furnishings, envelopes, geotextiles, graphics, packaging, footwear, automotive
In May 2024, DuPont said it would separate into three publicly traded companies. Under the plan, DuPont will execute the separations of its Electronics and Water businesses in a tax-free manner to its shareholders while the remainder of the company, known as New DuPont, will continue as a premier diversified industrial company. As independent entities, both Electronics and Water will benefit from increased focus and agility in their respective industries. At separation, each of the three companies will have strong balance sheets, attractive financial profiles and compelling growth opportunities.
As leading standalone companies, each business is expected to benefit from an ability to tailor capital allocation strategies to pursue differential strategic growth objectives, enhanced strategic flexibility to pursue portfolio-enhancing M&A, compelling investment profiles appealing to different investor bases and distinct boards of directors and management teams comprised of world-class leaders with track records of driving value creation in each specific industry.
“This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies,” says Ed Breen, DuPont, says chairman and CEO. “The three-way separation will unlock incremental value for shareholders and customers and also create new opportunities for employees. Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.”
Following the split, New DuPont will be a premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands such as Tyvek, Kevlar and Nomex. New DuPont will have a strong presence in fast-growing healthcare end-markets including applications for biopharma consumables, medical devices and medical packaging. The company will also be a leading provider of key technologies enabling advanced mobility, particularly within electric vehicles. Finally, New DuPont will remain a provider of advanced solutions serving safety, construction, aerospace and other industrial-based end-markets.
DuPont continues to innovate and invest in its Tyvek flashspun nonwovens.
Following the sale of its Sontara spunlace business in 2021, the majority of DuPont’s nonwovens efforts center around Tyvek, its flashspun material that largely targets applications like roofing and construction, and medical packaging, among others. In early 2024, DuPont announced that its Tyvek production facility at the Spruance manufacturing plant in Richmond, VA, received certification from the International Sustainability and Carbon Certification (ISCC PLUS). The Spruance facility is the second DuPont site to achieve ISCC certification, following the Luxembourg manufacturing plant, which also makes Tyvek, in November 2023. This achievement demonstrates DuPont’s commitment to advancing its sustainability goals and building capabilities to offer Tyvek products made with sustainable raw materials globally.
“Tyvek products help protect and improve the lives of millions in the end markets we serve – including healthcare packaging, personal protection, construction, and many other consumer and industrial applications. Our global integration of ISCC Plus certification in the production of Tyvek aligns with our dedication to empower our customers on their journey towards net zero emissions. We continue to increase our innovation handprint while minimizing our environmental footprint for generations to come – this is what we strive for every day,” says David Domnisch, vice president and general manager, DuPont Tyvek and Typar.
Since 2022, Tyvek has been converting its Tyvek operation sites to renewable energy. The company is achieving this by purchasing renewable energy credits (RECs) to match the energy consumed in its 2022 operations and is committed to additional purchases annually. “At DuPont, we believe urgent action is needed to address the climate crisis impacting our global communities, and that’s why we’re so proud that the most trusted names that protect people worldwide are now doing even more to protect the planet,” says Leland Weaver, president, DuPont Water & Protection. “Procuring renewable energy credits is a key milestone in our sustainability journey and we remain committed to energy efficiency in our global operations. We understand the importance of delivering sustainable innovations for our customers, value chain partners, employees and society.”
Additionally, Tyvek has partnered with Technipag, a leading manufacturer of flexible sterilizable packaging solutions, and Freepoint Eco-Systems to increase the companies’ sustainability and recycling efforts.
As it focuses on sustainability, DuPont continues to prepare for growth. The company has invested more than $400 million to expand capacity at its site in Luxembourg. The project includes a new building and third line at the site which came onstream sometime last year. Elsewhere, the company responded to heightened demand for Tyvek in protective apparel applications in 2020 with a significant investment in Richmond, VA.
