DuPont

Local News
8:42 am
Fri August 15, 2014

DuPont Expands Soybean Research Facility

Soybean Field
Credit Dwight Burdette / creative commons

A $35 million facility is now being built at DuPont’s Stine-Haskell Research Center in New Newark for expanding its soybean operation.

The property has already been cleared for the nearly 134-thousand square-foot facility on Elkton Road.

This will be the second structure in Delaware that will be dedicated soy beans with the Pioneer name.

Plans include two modern greenhouses and three high-tech 60-thousand gallon water collection units to recycle run-off.

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Local News
9:18 am
Wed March 19, 2014

Lawsuit Alleges Child Abuse Against DuPont Family Member

Robert Richards IV
Credit mugshot

Scandal has hit the DuPont family again.

This time Robert Richards IV, who is on probation after pleading guilty in 2008 to fourth-degree rape of his daughter is facing a lawsuit by his former wife who accuses him of molesting his toddler son.

The lawsuit filed in Superior Court offers up details about a child rape case that did not ge a lot of media attention.

And the Wilmington News Journal reports authorities never disclosed publicly.

Richards is the son of two prominent Delaware families – the DuPonts and the Richards family.

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News
9:22 am
Tue January 22, 2013

DuPont Earnings Decline in 4th Quarter

Credit free-graphics.com

DOVER, Del. (AP) - The DuPont Co. says weakness in performance chemicals and electronics and communications, coupled with costs associated with growth initiatives, led to a sharp drop in fourth-quarter income.


The company on Tuesday reported net income for the quarter ending Dec. 31 of $111 million, or 12 cents per share. That's down from $373 million, or 40 cents per share, for the fourth quarter of 2011.


The results beat the consensus estimate of Wall Street analysts of 7 cents per share.


Sales for the quarter were flat at $7.3 billion.

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News
11:15 am
Fri August 3, 2012

DuPont Loses $1 Billion Patent-Infringement Case

DuPont has been hit with a $1 billion bill in a patent-infringement case over a competitor’s seed technology.

The federal jury took only 45 minutes to deliver the largest award in the nation this year. 

The jurors found that DuPont’s Pioneer seed unit violated Monsanto’s patents on engineered seeds for herbicide-tolerant soybeans.

The Wilmington News Journal reports that Roundup Ready crops are at the heart of the $13.7 billion in annual revenue for Monsanto.