DuPont Opens New Kalrez^® Production Site in Delaware

Facility to expand DuPont™ Kalrez^® manufacturing capacity with state-of-the-art operations technology to support customer demand 

Tralee Park Annex new manufacturing site for DuPont™ Kalrez^® inaugurated on November 6, 2023.

WILMINGTON, Del., Nov. 6, 2023 - DuPont (NYSE: DD) today announced the official opening of its new DuPont™ Kalrez^® manufacturing site in Newark, Delaware to meet growing global customer demand from the semiconductor and industrials sectors.

The new facility, the Tralee Park Annex, was officially inaugurated with a ribbon-cutting ceremony that included DuPont executives, Delaware Lt. Governor Bethany Hall-Long, Delaware Secretary of State Jeffrey Bullock and other government and community leaders.

Tralee Park Annex will significantly expand DuPont™ Kalrez^® perfluoroelastomer parts capacity. The site also features a high-end ISO Class 6 Cleanroom, upgraded manufacturing equipment, optimized facility layout and space to support future business growth. From chemical processing to semiconductor chip manufacturing, DuPont™ Kalrez^® elastomers are engineered to provide more stability, resistance, and effective sealing.

“We are thrilled to open this new state-of-the-art facility to support the growth of our customers,” said Brian Ammons, Global Business Director for Kalrez^®. “We are committed to partnering with our customers on innovation and pride ourselves on driving operational excellence and delivering supply reliability and consistent superiority in quality performance. The Tralee Park Annex is a prime example of how we are delivering on these core competencies. This facility also advances our sustainability agenda as it integrates a state-of-the-art energy, IT infrastructure and building layout that minimizes energy consumption and maximizes efficiency and productivity.”

In addition to more capacity, the Tralee Park Annex enables faster cycle times, and offers expanded areas for finishing, inspection, packaging and shipping that will support higher capacity for customers globally.

“Through close collaboration between DuPont and our contractor partners, the new facility was completed on time and within budget” said Nathan Whitmoyer, Plant Manager for Tralee Park and Tralee Park Annex. “The site will create approximately 50 new positions, including operations, maintenance, engineering and continuous improvement roles – many of which are STEM-related and critical to safe manufacturing operations.”

Whitmoyer added, “This expansion demonstrates DuPont’s commitment to our manufacturing presence here in Delaware, the state DuPont has called home for more than 220 years.”

“Kalrez^® elastomer parts add value and offer our customers and the industries they serve reliable and innovative solutions to enable excellence,” said Whitmoyer. “I’m proud to be part of this latest advancement in our manufacturing capabilities, striving to be the partner of choice for our customers.”

About DuPont Electronics & Industrial
DuPont Electronics & Industrial is a global supplier of new technologies and performance materials serving the semiconductor, circuit board, display, digital and flexographic printing, healthcare, aerospace, industrial and transportation industries. From advanced technology centers worldwide, teams of talented research scientists and application experts work closely with customers, providing solutions, products, and technical services to enable next-generation technologies.

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.

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," 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 guarantees of future results. Some of the important factors that could cause DuPont's actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) risks and uncertainties related to the settlement agreement concerning PFAS liabilities reached June 2023 with plaintiff water utilities by Chemours, Corteva, EIDP and DuPont, including timing of court approval and the level of opt-outs  from the settlement; (ii) risks and costs related to each of the parties respective performance under and the impact of the arrangement to share future eligible PFAS costs by and between DuPont, Corteva and Chemours, including the outcome of any pending or future litigation related to PFAS or PFOA, including personal injury claims and natural resource damages claims; the extent and cost of ongoing remediation obligations and potential future remediation obligations; changes in laws and regulations applicable to PFAS chemicals; (iii) ability to achieve anticipated tax treatments in connection with mergers, acquisitions, divestitures and other portfolio changes actions and impact of changes in relevant tax and other laws; (iv) indemnification of certain legacy liabilities;  (v) failure to timely close on anticipated terms (or at all), realize expected benefits and effectively manage and achieve anticipated synergies and operational efficiencies in connection with mergers, acquisitions, divestitures and other portfolio management, productivity and infrastructure actions; (vi) risks and uncertainties, including increased costs and the ability to obtain raw materials  and meet customer needs from, among other events, pandemics and responsive actions; timing and recovery from demand declines in consumer-facing markets, including in China; adverse changes in worldwide economic, political, regulatory, international trade, geopolitical, capital markets and other external conditions; and other factors beyond the Company's control, including inflation, recession, military conflicts, natural and other disasters or weather related events, that impact the operations of the Company, its customers and/or suppliers; (vii) ability to offset increases in cost of inputs, including raw materials, energy and logistics; (viii) risks associated with demand and market conditions in the semiconductor industry and associated end markets, including from continuing or expanding trade disputes or restrictions, including on exports to China of U.S.-regulated products and technology; (ix) risks, including ability to achieve, and costs associated with DuPont’s sustainability strategy including the actual conduct of the company’s activities and results thereof, and the development, implementation, achievement or continuation of any goal, program, policy or initiative discussed or expected; and (x) other risks to DuPont's business, operations; each as further discussed in DuPont’s most recent annual report and subsequent current and periodic reports filed with the U.S. Securities and Exchange Commission. Unlisted factors may 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 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.

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11/6/23

For further information, contact:

Adam King
Global Communications Leader, Industrial Solutions
+1 508 599-0396
adam.king@dupont.com