DuPont Company history binders
Creation: 1986Abstract
E.I. du Pont de Nemours & Company is a chemical company, commonly referred to as the DuPont Company, which was established in 1802. The company began establishing plants all over the United States and began to manufacture other products in addition to gunpowder and explosives. The company manufactured paints, dyes, and photographic products, and focused on applied research. This collection consists of two binders of historical information about the DuPont Company. The binders were assembled in 1986. Topics include Conoco, DuPont of Canada, new acquisitions, company departments and divisions, and company organization.
Dates
- Creation: 1986
Creator
- E.I. du Pont de Nemours & Company (Organization)
Extent
2 item(s)
Physical Description
Materials removed from binder for preservation purposes. Binders not retained.
Historical Note
E.I. du Pont de Nemours & Company is a chemical company, commonly referred to as the DuPont Company, which was established in 1802 by French immigrants Pierre Samuel du Pont de Nemours (1739-1817) and his son Eleuthère Irénée “E.I.” du Pont (1771-1834). The company began as a manufacturer of black powder.
Over time, the company established plants all over the United States and began to manufacture other products in addition to gunpowder and explosives. These included paints, dyes, and photographic products. The company also focused on applied research.
In the summer of 1981, a four-way bidding war errupted over the control of Conoco Inc., the world's ninth-largest oil company. DuPont and Conoco closed the deal on September 30, 1981. Conoco became a DuPont subsidiary at a cost of $7.8 billion in the largest U.S. business deal up to that time. Control of Conoco also included its subsidiary, Consolidation Coal Company, one of the two largest U.S. producers of bituminous coal, and DuPont switched several of its plants from oil to coal. Oil prices fell during the 1980s in response to greater conservation and efficiency, and DuPont moved away from oil-dependent products. In 1998, oil prices dropped sharply, causing DuPont's stock value to fall from 84 to 53 dollars per share. DuPont sold 30 percent of Conoco in a public offering in October 1998 and sold the remaining 70 percent back to Conoco in 1998 and 1999.
In the twenty-first century, the DuPont Company has focused on science, with a diverse set of interests and products. It operates in more than ninty countries, with corporate headquarters in Wilmington, Delaware, and employs more than 60,000 people worldwide, including 10,000 scientists and engineers.
Scope and Contents
This small collection consists of two binders of historical information about the DuPont Company. The binders were assembled in 1986. Topics include Conoco, DuPont of Canada, new acquisitions, company departments and divisions, and company organization. The Conoco section includes company memoranda, articles, press releases, and organizational bulletins noting employee appointments, departmental name changes, organizational restructring, and stockholder share information. The DuPont of Canada section includes corporate management appointments, an organizational chart, and organizational changes. The new acquisitions section announces the acquisition of Shell's domestic agricultural chemicals and the pharmaceutical unit, American Critial Care, from Baxter Travenol. The industrial and staff departments sections include an alphabetical listing and dates of key changes during the late-1970s through 1986; a few timelines include information from the 1950s onward.
Access Restrictions
This collection is open for research.
Language of Materials
English
Subjects
Finding Aid & Administrative Information
- Title:
- DuPont Company history binders
- Author:
- Laurie Sather
- Date:
- 2022
- Description rules:
- Describing Archives: A Content Standard
- Language of description:
- English
- Script of description:
- Latin
Repository Details
Repository Details
Part of the Manuscripts and Archives Repository