DuPont Recognized with Two Sustainability Awards from Business Intelligence Group
Solutions honored support customer needs in green hydrogen and semiconductor industries
WILMINGTON, Del., Aug. 6, 2024 /PRNewswire/ -- DuPont (NYSE: DD) has been recognized with two 2024 Sustainability Awards from the Business Intelligence Group —Sustainability Product of the Year for the first ion exchange resin supporting the production of green hydrogen from water and Sustainability Initiative of the Year for a novel formulation supporting post-etch cleans in semiconductor production.
"At DuPont, sustainability and innovation are intrinsically linked—both woven into our commitment to help our customers solve some of the world's biggest challenges," said Alexa Dembek, Chief Technology & Sustainability Officer, DuPont. "We are honored to receive two Sustainability Awards from the Business Intelligence Group for the impacts we are making in the markets we serve. From developing new technologies supporting the decarbonization potential of green hydrogen to refining our products to meet the complex cleaning needs of the semiconductor manufacturing industry—both exemplify sustainable innovation at its best."
DuPont was honored by the Business Intelligence Group in two categories:
- Sustainability Product of the Year: DuPont™ AmberLite™ P2X110 ion exchange resin for the production of green hydrogen:
In support of more sustainable energy sources, DuPont's first product dedicated to the production of green hydrogen, AmberLite™ P2X110 ion exchange resin, withstands the unique challenges of Proton Exchange Membrane (PEM) electrolyzer loops during the production of hydrogen from water. Green hydrogen is produced from water by renewable energy-powered electrolysis, where water molecules are electrically split into hydrogen and oxygen gas—resulting in minimal greenhouse gas emissions. AmberLite™ P2X110 ion exchange resin is designed for the unique water chemistry of PEM electrolyzers to help produce high-purity water while preventing contaminant build-up.
- Sustainability Initiative of the Year: DuPont™ non-HDA post-etch cleans:
DuPont™ post-etch cleans are widely used in semiconductor fabrication as a cleaning step after etch processes. To improve the safety and sustainability of products in this family, a project was undertaken to design a formulation option without using hydroxylamine (HDA). Our team leveraged a scientific understanding of the fundamentals of nanoscale semiconductor cleaning mechanisms to identify alternative formulations. The new DuPont non-HDA post-etch cleans show promising performance in use, effectively removing residues from substrates after a variety of etch processes in the production of semiconductor devices.
The Business Intelligence Group's Sustainability Awards program, now in its ninth year, recognizes companies, projects, people and products who have made sustainability an integral part of their business practices.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
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 ™, ℠ or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.
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," "stabilization," "confident," "preliminary," "initial," "drive," "innovate" 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 representations or warranties or guarantees of future results.
Forward-looking statements include statements which relate to the purpose, ambitions, commitments, targets, plans, objectives, and results of DuPont's sustainability strategy, including its activities related to substances of concern. Forward-looking statements include statements related to the standards and measurement of progress against the company's sustainability goals, including metrics, data and other information, which are based on estimates and assumptions believed to be reasonable at the time. The actual conduct of the company's activities and results thereof, including the development, implementation, achievement or continuation of any goal, program, policy or initiative discussed or expected in connection with DuPont's sustainability strategy may differ materially from the statements made herein. The use of the word "material" for the purposes of statements regarding our sustainability strategy and goals should not be read as equating to any use of the word in the company's other disclosures or filings with the U.S. Securities and Exchange Commission.
On May 22, 2024, DuPont announced a plan to separate the company into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders leaving DuPont to continue as a diversified industrial company following completion of the separations. DuPont expects to complete the separations within 18 to 24 months of the announcement date. The separation transactions will not require a shareholder vote and are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of financing.
See DuPont's most recent annual report and subsequent current and periodic reports filed with the U.S. Securities and Exchange Commission for further description of risk factors that could impact the expectations or estimates implied by the Company's forward-looking statements, including (i) the ability to effect the separation transactions described above, and meet expectations regarding the timing, completion, accounting and tax treatments, and benefits related to the separation transactions and other portfolio changes; (ii) risks and costs related to indemnification of legacy liabilities; (iii) risks and uncertainties related to operational and supply chain impacts or disruptions, including ability to offset increased costs, obtain raw materials, and meet customer needs, and (iv) other risks to DuPont's business and operations. Unlisted factors may also 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, loss of key customers, reputational harm 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.
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