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MarketScreener Homepage  >  Equities  >  Nyse  >  DuPont de Nemours, Inc.    DD

DUPONT DE NEMOURS, INC.

(DD)
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DuPont : Partners With Habitat for Humanity for Community Builds and Neighborhood Revitalization Projects Across the United States

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10/25/2019 | 09:03am EST

One of Habitat’s first national partners in 1983, DuPont continues the legacy started by the company’s Performance Building Solutions business more than 35 years ago

DuPont, a global science and innovation leader, brought the promise of its recently announced renewed corporate partnership with Habitat for Humanity to life this month with dozens of DuPont employees participating in key build projects across the country. Dedicated to bringing homeowners’ dreams to life, DuPont provides significant volunteer support and donates energy-efficient building products for renovations and community builds, which have helped Habitat for Humanity serve more than 22 million people through projects worldwide.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191025005079/en/

(Photo: Business Wire)

(Photo: Business Wire)

“Providing safe, affordable shelter is critical to many communities across the globe and we are proud to collaborate with Habitat for Humanity International to help them build efficient, sustainable homes,” said Tim Lacey, Global Vice President & General Manager, Performance Building Solutions & Corian® Design. “By donating energy efficient materials that deliver increased thermal barriers and provide air and moisture protection around gaps and cracks, we’re helping residences lower energy bills, achieve healthier living environments and provide more comfortable living conditions.”

As a testament to the company’s ongoing commitment to creating healthy environments for people to live, work and play, DuPont participated in this year’s 36th annual Jimmy & Rosalynn Carter Work Project. On October 6, 2019, 17 DuPont employees, in addition to hundreds of Habitat for Humanity volunteers from across the world, joined former President Jimmy Carter and First Lady Rosalynn Carter in the north Nashville neighborhood of Park Preserve to build 21 affordable homes in one of the city's five affordable housing communities. Volunteers worked alongside Trisha Yearwood and Garth Brooks, Nashville locals and longtime Habitat volunteers, who have joined the Carters' mission. Since 1984, President and Mrs. Carter have become tireless advocates, active fundraisers, and some of the most hands-on construction volunteers, renovating and repairing 4,331 homes total.

In addition to large community builds like Carter Work Project, DuPont also recently supported Habitat for Humanity’s Home Builders Blitz, which brings together professional homebuilders from all over the U.S. every year for one shared purpose—to build, repair and revitalize safe and affordable housing for communities in need of a decent place to call home. As a 2019 Silver sponsor, DuPont employees participated in this year’s annual weeklong project where thousands of professional homebuilders volunteered across the nation, working alongside Habitat homeowners.

Further serving its communities, DuPont’s continues to work with local organizations, businesses and volunteers within the company’s second largest site, in Midland, Michigan. Hosted by Midland County Habitat for Humanity, each year the annual Neighborhood Revitalization event empowers residents and homeowners to revive their own neighborhoods to enhance their quality of life. With more than 275 homes reconstructed over the last 10 years, the effort focuses on three main areas: Home Preservation, Critical Home Repair and Weatherization. As part of this year’s Neighborhood Revitalization (August 2-9, 2019), 15 houses were repaired with roof repair and replacement, driveway removal and replacement, gutter work, screen door replacement, painting and landscaping, amongst other projects.

As part of DuPont’s longstanding partnership with Habitat for Humanity, DuPont donates Styrofoam™ Brand Insulation, Great Stuff™ Foam Insulating Foam Sealant, and Weathermate™ Housewrap, which enable more sustainable homes.

  • Styrofoam™ Brand Insulation is the original extruded polystyrene foam providing thermal insulation properties to a building structure which leads to better temperature stability inside the home.
  • Great Stuff™ products are designed to seal gaps and cracks in and around the home creating a more energy efficient interior by eliminating leaks that account for up to 40% of heat loss in a home.
  • Tyvek® Homewrap® is a unique, breathable housewrap that protects against harmful, damaging wind and rain that penetrates the exterior cladding. It keeps air and water out while allowing for water vapor escape.
  • Froth-Pak™ Foam Sealant is a low pressure, two-component foam used by professional contractors, that fills cavities, penetrations and cracks.
  • The Weathermate™ Brand Weatherization solutions include a range of construction tapes and housewrap. WEATHERMATE solutions are durable with tapes featuring excellent adhesion properties helping protect homes and buildings against moisture and air intrusion.

About Habitat for Humanity

Driven by the vision that everyone needs a decent place to live, Habitat for Humanity began in 1976 as a grassroots effort on a community farm in southern Georgia. The Christian housing organization has since grown to become a leading global nonprofit working in local communities across all 50 states in the U.S. and in more than 70 countries. Families and individuals in need of a hand up partner with Habitat for Humanity to build or improve a place they can call home. Habitat homeowners help build their own homes alongside volunteers and pay an affordable mortgage. Through financial support, volunteering or adding a voice to support affordable housing, everyone can help families achieve the strength, stability and self-reliance they need to build better lives for themselves. Through shelter, we empower. To learn more, visit habitat.org.

About DuPont Safety & Construction

DuPont Safety & Construction, a DuPont Specialty Products Division business, is a global leader in products and solutions that protect what matters – people, structures and the environment – and enables its customers to win through unique capabilities, global scale and iconic brands including Corian®, Froth-Pak™, Kevlar®, Nomex®, Tyvek®, STYROFOAM™, Filmtec® and Great Stuff™.

About DuPont

DuPont (NYSE: DD) is a global innovation leader with technology-based materials, ingredients 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, health and wellness, food, and worker safety. More information can be found at www.dupont.com.

The DuPont Oval logo, DuPont™ and all products, unless otherwise noted, denoted with ™, ℠ or ® are trademarks or registered trademarks of E.I. du Pont de Nemours and Company or its affiliates.


© Business Wire 2019
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Financials (USD)
Sales 2019 21 555 M
EBIT 2019 4 035 M
Net income 2019 -133 M
Debt 2019 14 821 M
Yield 2019 1,59%
P/E ratio 2019 -331x
P/E ratio 2020 17,2x
EV / Sales2019 2,82x
EV / Sales2020 2,68x
Capitalization 45 923 M
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Average target price 81,67  $
Last Close Price 61,99  $
Spread / Highest target 53,3%
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