DuPont

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2 of Nation's Oldest Companies to Create Chemical Giant

'DowDupont' is in the works

(Newser) - You've heard of Dow Chemical. You've heard of DuPont. Prepare to forget both as single entities: Assuming regulators give their blessing, the two will merge into one chemical behemoth to be known as DowDuPont. At least for a while. As the Wall Street Journal reports, the plan eventually... More »

DuPont Loses Big Lawsuit, Faces 3,499 More

Teflon ingredient contaminated drinking water

(Newser) - Lawsuits over the leaking of a chemical used to make Teflon have been sticking tightly to DuPont, and the company has now lost the first of around 3,500 cases. A federal jury in Ohio found that DuPont's contamination of the Ohio River contributed to plaintiff Carla Bartlett's... More »

Scientists Warn of Chemicals in Pizza Boxes, Carpet Care

Common 'PFAS' come under new scrutiny

(Newser) - A group of environmental scientists issued a warning Friday about commonly used chemicals known as PFASs. The chemicals, which go by the longer names of polyfluoroalkyl and perfluoroalkyl, are found in everything from pizza boxes to carpet treatments, reports the New York Times . "If you got a pastry with... More »

As Deadly Chemical Leaked, Brothers Died in Rescue Try

DuPont plant received multiple citations from state of Texas

(Newser) - After four people died Saturday in a chemical plant leak , details of heroism and tragedy are coming to light. Production operator Robert Tisnado, 38, hurried to help a colleague he heard calling for help at the DuPont plant in La Porte, Texas; crew supervisor Wade Baker, 60, was behind him.... More »

Chemical Leak at DuPont Plant Kills 4 in Texas

Cause behind leak of methyl mercaptan unclear

(Newser) - Four people died at a DuPont plant in Texas early yesterday when a chemical gas leaked, reports NBC ; officials say that some of those killed were responding to the leak in La Porte, near Houston. "There are no words to fully express the loss we feel or the concern... More »

Texas High Court: Bosses Can Lie to Workers

Judges side with DuPont chemical co.

(Newser) - Employees in Texas, take note: Your boss can lie about your future in the company and get away with it, Main Street reports. A Texas Supreme Court ruling supports the way E.I. du Pont de Nemours (known as DuPont) apparently let go of workers—by getting them to join... More »

2 Men Convicted Over Secret of Titanium Dioxide

Walter Liew, Robert Maegerle guilty of economic espionage

(Newser) - A six-week trial yesterday ended in the conviction of two California men who stood accused of stealing chemical giant DuPont's recipe for titanium dioxide and selling it to a Chinese competitor for more than $20 million. Walter Liew, 56, and Robert Maegerle, 78, now face as many as 20... More »

Chinese Spy Stole Iowa Corn Seeds: Feds

FBI tracked alleged corporate spy through corn fields

(Newser) - Corporate espionage ... in an Iowa cornfield? Federal agents caught an alleged Chinese spy last week trying to smuggle highly valuable "inbred" cord seeds out of the country, prosecutors say. Mo Hailong is accused of stealing the seeds from fields in Illinois and Iowa and trying to evade FBI agents... More »

Calif. 'Frankenfood' Bill in Death Spiral After Ad War

Opponents spend $46M in GMO labeling battle

(Newser) - At first, advocates for California's Proposition 37 seemed to be skipping off to victory—but with the vote approaching, it now appears that opponents have engineered a stunning turnaround. Monsanto, DuPont, and Pepsi have spent some $46 million against the measure, which would require the labeling of genetically-modified food.... More »

Dow Plunges 200 on Bad Earnings

Stocks suffer biggest drop since June

(Newser) - Stocks plunged at the open today, with the Dow falling more than 200 points, sending it to its lowest level in seven weeks. As of 10:22am the Dow was down 206, while the Nasdaq and S&P were down 30 and 20 points respectively. The major cause for the... More »

China Tried to Steal Secret of Titanium Dioxide: Feds

California-based couple targeted DuPont pigment: officials

(Newser) - Spies aren't just after government secrets these days: An indictment unsealed last month spotlights US efforts to crack down on corporate spying. The government has filed criminal espionage charges against a China-owned firm, saying Pangang Group was after DuPont chemical secrets—specifically, its efficient method for producing the white... More »

Imprelis Herbicide Might Be Killing Trees

DuPont warns landscapers to avoid use in certain areas

(Newser) - Investigators have a suspect in the case of a string of spruce and pine tree deaths across the country—DuPont's Imprelis herbicide. The EPA approved limited sales of the herbicide, thought to be safe for the environment, last fall. However, reports of thousands of dying trees have led the... More »

Dow Drops 32; Crude Rises

Rohm & Haas, Dow Chemical fall on scuttled Kuwait deal

(Newser) - Stocks saw light losses today as news of trouble in Rohm & Haas’ acquisition of Dow Chemical hurt materials and crude staged a comeback on renewed Middle East tension, MarketWatch reports. The Dow closed down 31.62 points at 8,483.93. The Nasdaq fell 19.92 to close at... More »

Stocks Dive on Poor Profits

But as ever, trust this move as far as you can throw it

(Newser) - Downbeat earnings put the kibosh on yesterday’s outbreak of optimism on Wall Street, sending stocks down at the open. The Dow dropped 107 points, while the Nasdaq and S&P fell 1.7% and 1.4% respectively, the Wall Street Journal reports. Dow components DuPont, Caterpillar, and Pfizer all... More »

Stocks Rise as Oil Drops

Price of barrel drops to $126, a 7-week low

(Newser) - Stocks climbed to robust gains by the end of today’s session as a drop in oil helped offset a spread of mixed earning reports, MarketWatch reports. The Dow gained 135.16 points to close at 11,602.50, the Nasdaq rose 24.43 to 2,303.9, and the... More »

Dow Hikes Prices 20% on Chemicals in Many Products

Chemical company rips feds for energy policy it blames for higher costs

(Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs... More »

Earnings, Subprimes Sink Stocks

Dow falls 226.47 after lackluster reports, increased negativity

(Newser) - The Dow slid 226.47—nearly 2%—back to 13716.95 today, after mediocre earnings reports helped deflate a giddy mood and remind traders of persistent woes from the subprime sector. American Express reported lower-than-expected second-quarter earnings dampened by higher marketing costs; DuPont also released disappointing numbers. More »

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