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DD DuPont de Nemours Inc

73.71
0.21 (0.29%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
DuPont de Nemours Inc NYSE:DD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.21 0.29% 73.71 74.14 73.40 73.63 2,141,191 01:00:00

DuPont Develops the Next Generation of Styrofoam™ Brand Insulation to Reduce Greenhouse (GHG) Emissions & Advance 2030 Sust...

16/07/2020 2:00pm

Business Wire


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Building on a history of sustainable technology and innovation, DuPont grows the Styrofoam™ Brand Insulation product line to support modern, high performance building design and advance its commitment to GHG reductions by 2030

In support of its commitment to reduce greenhouse gas (GHG) emissions while driving sustainable innovation, DuPont™ (NYSE: DD) has announced the phased launch of a new, reduced global warming potential (GWP) Styrofoam™ Brand Insulation. Beginning January 1, 2021, the Styrofoam™ Brand Insulation family of products will include lower GWP options, advancing DuPont’s 2030 Sustainability Goals and complying with adopted and upcoming state and provincial hydrofluorocarbon (HFC) regulations throughout the United States and Canada. Building on the company’s previous announcement, the multi-phased approach will deliver GHG reductions in support of the Paris Climate Agreement along a timeline that is more aggressive than the Kigali Amendment to the Montreal Protocol.

“We are committed to leading the transition to more sustainable buildings, while ensuring our products continue to deliver the high level of performance our customers trust,” said Tim Lacey, Global Vice President & General Manager, DuPont Performance Building Solutions. “Pairing market performance needs with innovation that addresses environmental challenges, such as climate change, is at the core of our beliefs.”

This latest innovation from DuPont represents the next step forward in the evolution of the Styrofoam™ Brand franchise, introduced nearly 80 years ago. Styrofoam™ Brand Insulation- an extruded polystyrene (XPS) foam insulation- was the first brand in its category. Since its launch, it has played a key role in the building and construction industry, providing thermal, air, and moisture management that contributes to operational building energy efficiency over the lifetime of buildings. With this latest innovation step change, DuPont also expects a reduction in embodied carbon to be reflected in an updated Environmental Product Declaration (EPD), which will be available with the new products.

“We are taking a thoughtful, phased approach to launching this latest Styrofoam™ innovation to ensure we are providing a sustainable, code-approved solution that does not sacrifice the performance our customers have come to trust,” said Lacey. “The new, reduced GWP product will first launch in Canada and U.S. states that have adopted 2021 HFC regulations as of April 1, 2020, with plans to expand the product offering going forward.”

To learn more about DuPont™ Styrofoam™ Brand Insulation, visit building.dupont.com.

About DuPont Safety & Construction

DuPont Safety & Construction, 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®, Kevlar®, Nomex® Tyvek®, Styrofoam™ Brand, Great Stuff™, FrothPak™ and Filmtec®.

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.

Michelle Cecchetti 415.612.1275 michelle.cecchetti@edelman.com

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