Latest News by Industry
WILMINGTON, Del., Nov. 7, 2024 /PRNewswire/ -- DuPont (NYSE: DD) today announced the launch of Tyvek® with Renewable Attribution (RA), an extension of the existing portfolio of Tyvek® products for healthcare packaging that offers a significantly reduced carbon footprint, helping to enable more sustainable healthcare packaging. The carbon footprint reduction for Tyvek® with Renewable Attribution is enabled by the partial replacement of fossil fuel feedstock with certified bio-circular feedstock during the production of raw materials used in Tyvek® manufacturing. This is achieved through the mass balance approach, in accordance with International Sustainability and Carbon Certification (ISCC PLUS).
Tyvek® with Renewable Attribution is designed to help reduce the carbon footprint of a product while providing a drop-in solution that can be seamlessly integrated into existing healthcare packaging products. The use of certified bio-circular feedstock attributed to Tyvek® using the mass balance approach enables significantly lower CO2 emissions compared to current Tyvek® products and helps to reduce the use of fossil fuels. DuPont has achieved ISCC PLUS Certification for its Tyvek® facilities at the Richmond, Virginia, and Luxembourg manufacturing sites. This helps ensure credible measurement, tracking, and attribution of certified bio-circular feedstocks replacing fossil fuel derived resources.
"Tyvek® has long been a trusted choice for helping to enable patient safety through superior microbial barrier, exceptional strength and durability, breathability, and recyclability. We are proud to continue this dedicated focus on product performance, quality and reliability, in a manner that now also supports the healthcare packaging industry's efforts to advance sustainability." said David Domnisch, Vice President and General Manager, Tyvek® and Typar® at DuPont. "Tyvek® with Renewable Attribution reflects our steadfast commitment towards taking action to deliver more sustainable products that can be seamlessly integrated into existing healthcare packaging production processes, while helping enable meaningful Scope 3 emission reductions in the healthcare packaging value chain, in line with our core value of protecting the planet."
The RA extension of Tyvek® Healthcare Packaging products further advances DuPont's global strategy of enabling a circular economy and working with global supply chains to help reduce Scope 3 emissions. DuPont issued an announcement on September 19, 2024, committing to achieve net-zero carbon emissions by 2050. The net-zero commitment builds on the significant progress DuPont has achieved since 2019 when the company established its Acting on Climate Goal as part of its overall sustainability strategy. As announced in April 2024, DuPont has exceeded its climate targets – achieving a 58% reduction in Scopes 1 and 2 emissions from a 2019 baseline and achieving a 39% reduction in Scope 3 emissions from purchased goods and services and end-of-life of sold products from a 2020 baseline. As mentioned above, DuPont announced that the Luxembourg and Richmond, Virginia, facilities where Tyvek® is manufactured, achieved ISCC PLUS certification. These facilities source 100% of their electricity from renewable energy certificates (RECs) and Guarantees of Origin (GOs) to match the energy consumed in their operations annually (see DuPont Sustainability Report ).
Note: Tyvek® is made of HDPE and products made of 100% Tyvek® material can be recycled at facilities that recycle flexible HDPE materials. Please check recycling facilities in your area to ensure they can recycle Tyvek®.
About DuPont Water & Protection
DuPont Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including Kevlar®, Nomex®, Tyvek®, Corian® Design, GreatStuff™, Styrofoam™, and FilmTec™.
About DuPont
DuPont (NYSE: DD) is a global innovation leader with technology-based materials 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, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.
DuPont™, the DuPont Oval Logo, and all trademarks and service marks denoted with ™, SM or ® are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.
Cautionary Statement about Forward Looking Statements
This communication contains "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "target," "stabilization," "confident," "preliminary," "initial," "drive," "innovate" and similar expressions and variations or negatives of these words.
Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which that are beyond DuPont's control, that could cause actual results to differ materially from those expressed in any forward-looking statements. Forward-looking statements are not representations or warranties or guarantees of future results.
Forward-looking statements include statements which relate to the purpose, ambitions, commitments, targets, plans, objectives, and results of DuPont's sustainability strategy, including its activities related to substances of concern. Forward-looking statements include statements related to the standards and measurement of progress against the company's sustainability goals, including metrics, data and other information, which are based on estimates and assumptions believed to be reasonable at the time. The actual conduct of the company's activities and results thereof, including the development, implementation, achievement or continuation of any goal, program, policy or initiative discussed or expected in connection with DuPont's sustainability strategy may differ materially from the statements made herein. The use of the word "material" for the purposes of statements regarding our sustainability strategy and goals should not be read as equating to any use of the word in the company's other disclosures or filings with the U.S. Securities and Exchange Commission.
On May 22, 2024, DuPont announced a plan to separate the company into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses in a tax-free manner to its shareholders leaving DuPont to continue as a diversified industrial company following completion of the separations. DuPont expects to complete the separations within 18 to 24 months of the announcement date. The separation transactions will not require a shareholder vote and are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals and satisfactory completion of financing.
See DuPont's most recent annual report and subsequent current and periodic reports filed with the U.S. Securities and Exchange Commission for further description of risk factors that could impact the expectations or estimates implied by the Company's forward-looking statements, including (i) the ability to effect the separation transactions described above, and meet expectations regarding the timing, completion, accounting and tax treatments, and intended benefits related to the separation transactions and other portfolio changes; (ii) risks and costs related to indemnification of legacy liabilities; (iii) risks and uncertainties related to operational and supply chain impacts or disruptions, including ability to offset increased costs, obtain raw materials, and meet customer needs, and (iv) other risks to DuPont's business and operations. Unlisted factors may also present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business or supply chain disruption, operational problems, financial loss, legal liability to third parties, loss of key customers, reputational harm and similar risks, any of which could have a material adverse effect on DuPont's consolidated financial condition, results of operations, credit rating or liquidity. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. DuPont assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.
View original content to download multimedia: https://www.prnewswire.com/news-releases/dupont-launches-tyvek-with-renewable-attribution-in-support-of-sustainable-healthcare-packaging-302298778.html
SOURCE DuPont