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DuPont Falls Despite Award

DuPont (NYSE:DD) dipped Tuesday on word the chemical behemoth was named the recipient of the 2024 Lavoisier Medal for Lifetime Technical Achievement and three recipients of the prestigious Pedersen Award.

At a ceremony this November, the 2024 Lavoisier Medal will be conferred on Brad Taylor, Ph.D., Technical Laureate, Printing & Packaging. The Lavoisier Medal for Lifetime Technical Achievement recognizes scientists and engineers who have demonstrated a career of creative technical contributions with significant business impact. It's named in honor of the 18th century French chemist, Antoine Laurent Lavoisier, considered the father of modern chemistry.

Today’s news release also says three Pedersen Award recipients will be recognized at that same ceremony: Yi Guo, Ph.D., Principal Scientist, Advanced Cleans & Slurry Technologies; Martin Heijnen, PES Ultrafiltration R&D Leader, Water Solutions; andMansour Mirdamadi, Technical Laureate, Auto Adhesives. The Pedersen Award is chosen by a select team of Laureates, a group of DuPont's highest technical professionals. This year's recipients' deep technical knowledge, skill, achievements, and commitment in their respective areas have resulted in important new products and other advances for DuPont customers.

The Pedersen Award is named in honor of DuPont's Nobel Laureate, Charles J. Pedersen, who received the 1987 Nobel Prize for his discovery of a novel class of chemical compounds called macrocyclic polyethers, which he dubbed the "crown" ethers because of their molecular shape.

DD shares shed 26 cents to $79.30.