Major Products: Digital inks, textile inks and digital printing systems; conductive inks and pastes for printed electronics.

No. of Employees: More than 23,000.

Operating Facilities: Worldwide operations; in the US, headquarters and R&D facilities in Wilmington, DE. DuPont MCM’s headquarters are in Research Triangle Park, NC.

Comments: DuPont is one of the most technologically advanced companies worldwide. In the ink segment, DuPont has developed a range of products for a variety of industries, including inkjet inks for OEM printers and textiles and conductive inks and pastes for flexible and printed electronics, photovoltaics and displays.

In May 2024, DuPont announced its plans to separate into three distinct, publicly traded companies. Those plans have changed, with the company now planning to separate its Electronics business, which has been renamed Qnity, while keeping its Water division. The target date for the separation is Nov. 1, 2025. Qnity is expected to be one of the largest and broadest solutions providers to the semiconductor and electronics industries.

“We remain confident in the opportunity to create significant shareholder value through the separation of the Electronics business,” said Ed Breen, DuPont executive chairman.

“We remain excited about the value creation opportunity for DuPont following the Electronics separation,” added Lori Koch, DuPont CEO. “The decision for Water to remain with DuPont provides the new organization with greater strategic flexibility over time and another high growth business alongside Healthcare.”

As for 2024, DuPont’s full year net sales were $12.4 billion, up 4% from 2023. Operating EBITDA was $3.14 billion, an increase of 13%, and adjusted free cash flow was $1.8 billion.

“DuPont closed out a year of strong financial performance with solid fourth quarter results as we saw continued strength in electronics end-markets and a return to year-over-year top-line growth in Water & Protection driven by further improvement in water and medical packaging end-markets,” said Koch.

Major Products: Digital inks, textile inks and digital printing systems; conductive inks and pastes for printed electronics.

Operating Facilities: Worldwide operations; in the US, headquarters and R&D facilities in Wilmington, DE. DuPont MCM’s headquarters are in Research Triangle Park, NC.

Comments: A technology leader in numerous segments, DuPont has developed a wide range of inkjet and conductive inks and pastes, which are used in OEM printers, textiles, flexible and printed electronics, photovoltaics and displays.

DuPont is on the verge of a huge change, as the company announced in May 2024 that it is planning to separate into three distinct, publicly traded companies.

Under the plan, DuPont reports that it would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders. Meanwhile, New DuPont will continue as a diversified industrial company following completion of the separations. DuPont expects to complete the separations within 18 to 24 months.

“This is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the creation of three strong, industry-leading companies,” said Ed Breen, then DuPont executive chairman and CEO. “Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.”

In addition, DuPont CFO Lori D. Koch succeeded Breen as the company’s CEO as of June 1, 2024. Breen became full-time executive chairman of the Board of Directors. Antonella B. Franzen, CFO of DuPont’s Water and Protection segment, is now DuPont’s CFO.

“I am honored to be appointed as the next CEO of DuPont, and I’m excited about our company’s future,” Koch said. “It’s been a privilege to have worked side-by-side with Ed these past several years, and I look forward to working with him, Antonella, and our DuPont colleagues around the world in continuing to drive value for our customers, employees, shareholders, and communities.”

As for 2023, DuPont’s full year net sales were $12,068 million, down 7% from 2022. Adjusted free cash flow was $1.6 billion.

“In the face of inventory destocking that impacted many of our end-markets in 2023 and continued economic softness in China, our teams remained focused on sound operational execution and driving productivity and cost discipline,” said Breen. “We delivered significant year-over-year cash flow improvement in 2023, including a strong fourth quarter finish, which underscores our ongoing prioritization of working capital management.”

DuPont Artistri specializes in water-based pigmented digital inks for textiles, packaging and commercial applications, and is celebrating its 35th anniversary as a brand in 2024.

“This is an extraordinary moment for DuPont and the entire Artistri team. Throughout this journey, we have brought countless innovations to the market and have focused on developing them in collaboration with our OEM partners,” said Tucker Norton, global business director for DuPont Artistri Digital Inks in announcing the milestone.

Major Products: Digital inks, textile inks and digital printing systems; conductive inks and pastes for printed electronics.

Operating Facilities: Worldwide operations; in the US, headquarters and R&D facilities in Wilmington, DE. DuPont MCM’s headquarters are in Research Triangle Park, NC.

Comments: DuPont is one of the most technologically advanced companies worldwide. In the ink segment, DuPont has developed a range of products for a variety of industries, including inkjet inks for OEM printers and textiles and conductive inks and pastes for flexible and printed electronics, photovoltaics and displays.

In 2022, DuPont’s full year net sales were $13 billion in 2021, an increase of 4% compared to 2021 and up 8% on an organic basis. Full year operating EBITDA was $3.26 billion. Operating cash flow for the year was $58 million.

“Our fourth quarter results underpin the quality of our portfolio and our ability to offset a continued challenging global macro environment by focusing on the levers within our control,” said Ed Breen, DuPont executive chairman and CEO, in announcing the results. “In the face of weak conditions in certain end-markets, namely electronics and construction, we delivered revenue and operating EBITDA results in line with our expectations.”

“Our teams successfully navigated a challenging 2022 despite significant inflation, global supply chain constraints, geopolitical tensions, dynamic global currencies and an ongoing global pandemic,” said Lori Koch, CFO of DuPont, in reporting the results.

DuPont Artistri primarily focuses on water-based pigmented digital inks for textiles, packaging and commercial applications. DuPont Artistri is transitioning the production and supply of Artistri reactive and direct disperse textile inks to Colourtex Industries Private Limited, as part of its sustainability strategy.

“With this strategic decision, our goal was to find a company capable of continuing to offer reactive and direct disperse inks at the quality level that the DuPont Artistri products are known for in textile printing,” Tucker Norton, GM for Artistri Digital Inks at DuPont, said in announcing the move. “With Colourtex’s vast experience and manufacturing capabilities, these products will meet customers’ standards for quality performance and delivery.”

Meanwhile, DuPont Artistri completed a capacity increase for the manufacturing of water-based pigment inkjet inks and dispersions at its plant in Fort Madison, IA.

“In the fast growing world of digital printing, our customers not only expect us to deliver inks with great colors and consistency, but they’re also looking for improved productivity as well as delivery flexibility and reliability,” Norton said in announcing the capacity increase. “With this capacity increase, we’ll be better able to respond to customers around the world and the growing demand for pigment inkjet inks.”

“We‘re very pleased to further contribute to the printer and OEM customers’ and brands’ transition to the sustainable printing processes enabled by water-based pigment inkjet inks,” said Eric Beyeler, global marketing manager, Artistri Digital Inks. “Artistri inks production capacity increase is another step in DuPont’s commitment to sustainable growth of digital printing in commercial, textiles and packaging.”

Major Products: Digital inks, textile inks and digital printing systems; conductive inks and pastes for printed electronics.

Operating Facilities: Worldwide operations; in the US, headquarters and R&D facilities in Wilmington, DE. DuPont MCM’s headquarters are in Research Triangle Park, NC.

Comments: DuPont is a global leader when it comes to developing technology, having developed and produced products in a wide range of fields that we use for everyday life. In the ink segment, DuPont has two main markets; inkjet inks for OEM printers and textiles, and conductive inks and pastes for flexible and printed electronics, photovoltaics and displays.

DuPont’s full year net sales were $16.7 billion in 2021, up 16% compared to 2020 and up 14% on an organic basis, including double-digit organic growth across all four regions and in all three reporting segments. Organic sales growth for the year includes a 10% increase in volume and a 4% increase in price.

Full year operating EBITDA was $4.2 billion, up 21% versus prior year. Operating cash flow for the year of $2.3 billion and capital expenditures of $0.9 billion resulted in free cash flow of $1.4 billion.

Raw material prices and freight costs surged in the past year, and inkjet inks were not immune to these pricing pressures. In April 2022, DuPont announced a global price surcharge for DuPont Artistri digital inks and dispersions, starting April 15, 2022.

Major Products: Digital inks, textile inks and digital printing systems; conductive inks and pastes for printed electronics.

Operating Facilities: Worldwide operations; in the US, headquarters and R&D facilities in Wilmington, DE. DuPont MCM’s headquarters are in Research Triangle Park, NC.

Comments: DuPont is one of the most technologically advanced companies worldwide. In the ink field, DuPont has created a range of products for a variety of industries. Its product offerings includes inkjet inks for OEM printers and textiles and conductive inks and pastes for flexible and printed electronics, photovoltaics and displays.

DuPont has undergone a number of transformations in recent years, merging with Dow and then separating into three separate businesses. In the first quarter of 2021, the company did very well, with sales of $4 billion, up 7% on an organic basis.

“As we emerge from the COVID-19 pandemic, the leading positions we hold in semiconductor, smartphones, automotive, water filtration, and residential construction end-markets enabled us to deliver strong first quarter results ahead of expectations with organic sales growth in all three reporting segments,” said Ed Breen, DuPont executive chairman and CEO. “We delivered these results despite headwinds associated with escalating raw material and logistics costs and global supply constraints of key raw materials.”

In September 2020, DuPont Image Solutions introduced DuPont Artistri Xite P2700, a digital textile pigment ink formulated for mid-viscosity printheads. It is designed for textile printers in-home, furnishings and apparel applications.