DuPont FilmTec™ Nanofiltration Membranes Win 2024 Sustainability Technology of the Year

News provided by

Sep 17, 2024, 09:00 ET

Awarded at Global Sustainability & ESG Awards, Hosted by Sustainability LIVE

WILMINGTON, Del., Sept. 17, 2024 /PRNewswire/ -- DuPont (NYSE:DD) today announced that FilmTec™ Nanofiltration (NF) membrane portfolio has been named the 2024 Sustainable Technology of the Year at the Global Sustainability & ESG Awards. Hosted by Sustainability LIVE, the award celebrates technologies that enable more sustainable commerce and the development of greener solutions.

Nanofiltration, a low-energy water purification membrane technology, is helping our world solve numerous goals for sustainable development — from drinking water access and industrial water reuse to lithium extraction, seawater brine recovery, and milk concentration into valuable forms of protein.

"Our team at DuPont Water Solutions is extremely proud that our FilmTec™ Nanofiltration (NF) membrane portfolio has been named the 2024 Sustainable Technology of the Year," said Jeroen Bloemhard, Vice President and General Manager, DuPont Water Solutions. "From supporting sustainable development goals for clean water or zero hunger, to enabling cleaner energy and climate action, the human condition is improved through the advancement and use of our nanofiltration membrane technologies."

NF membranes are used to separate multiple solutes in a liquid feed, usually with differences in ionic charge. In addition to water purification, this technology is used to recover, recycle, and concentrate valuable solutes in mining, industrial chemical processes, microelectronics manufacturing, dairy processing, and many more applications.

"Innovation and sustainability should not operate on parallel paths; it's at their intersection where companies can make the biggest impact on society and solve for some of the biggest societal challenges," said Gary Gu, Global Technology Leader, DuPont Water Solutions. "In the case of nanofiltration, DuPont's R&D team has continuously innovated our NF products to be more durable and require less energy and support customers' on their sustainability journey."

DuPont offers market-leading technologies to address a variety of challenges faced by water treatment municipalities, seawater desalination plants, and industrial water users, including the microelectronics industry, through a broad portfolio of membranes, resins and complete systems. The team is also innovating solutions that help balance the world's growing water and energy demands, with products that help maximize the availability of electricity, lithium and green hydrogen.

Technologies include reverse osmosis (RO) membranes, ion exchange resins (IEX), ultrafiltration (UF), electrodeionization (EDI), nanofiltration (NF), membrane bioreactor systems (MBR), membrane aerated biofilm reactors (MABR), and closed-circuit reverse osmosis (CCRO) systems.

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 ™, ℠ 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.

SOURCE DuPont