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

DUPONT DE NEMOURS, INC.

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DuPont Sells Tyvek Fabric to Other Clothing Makers to Boost Gown Supply

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04/15/2020 | 01:22pm EDT

By Austen Hufford

DuPont de Nemours Inc. said it is selling protective fabric directly to clothing manufacturers to increase production of gowns that workers wear to guard against infection from coronavirus.

DuPont said those manufactures will make about six million gowns a month in addition to its own production of 25 million garments a month, up from 16 million before the coronavirus pandemic pushed up demand for protective gear around the world.

"Demand is far in excess of supply," said John Richard, the head of DuPont's safety business. "We will be leveraging the capacity of other companies to increase the availability of Tyvek PPE."

DuPont manufactures the nonwoven fabric under the brand Tyvek at its facility in Richmond, Va.

Write to Austen Hufford at austen.hufford@wsj.com

 

Stocks mentioned in the article
ChangeLast1st jan.
DEERE & COMPANY 3.46% 166.72 Delayed Quote.-7.00%
DUPONT DE NEMOURS, INC. 2.11% 56.14 Delayed Quote.-12.55%
WORLD CO., LTD. 0.49% 1638 End-of-day quote.-39.13%
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Financials (USD)
Sales 2020 19 993 M - -
Net income 2020 143 M - -
Net Debt 2020 14 921 M - -
P/E ratio 2020 387x
Yield 2020 2,16%
Capitalization 41 195 M 41 195 M -
EV / Sales 2019
EV / Sales 2020 2,81x
Nbr of Employees 35 000
Free-Float 99,9%
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Technical analysis trends DUPONT DE NEMOURS, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 23
Average target price 58,32 $
Last Close Price 56,14 $
Spread / Highest target 51,4%
Spread / Average Target 3,88%
Spread / Lowest Target -19,8%
EPS Revisions
Managers
NameTitle
Edward D. Breen Executive Chairman & Chief Executive Officer
Daryl Roberts Chief Operations & Engineering Officer
Lori D. Koch Chief Financial Officer & Executive Vice President
Steven Larrabee Chief Information Officer
Alexa Dembek Chief Technology & Sustainability Officer
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