DuPont announced last week that it will be consolidating its corporate headquarters at the company’s Chestnut Run Plaza campus in New Castle County, Del., effective July 1, 2015. The merger is following a review of separation of assets and real estate associated with the separation of the company’s Performance Chemical segment, which has been renamed The Chemours Company.
The consolidation will optimize use of company facilities, support collaboration and improve efficiencies for both Dupont and Chemours.
DuPont’s headquarters will be close to where the company was founded in 1802 on the banks of the Brandywine River. DuPont has been at Chestnut Run for over 60 years, and the Experimental Station and its Stine-Haskell Research center are also located in New Castle County.
Ellen J. Kullman, DuPont chair and CEO, said, “For more than a century, we have been proud to call the city of Wilmington home.” She added, “Looking ahead, we concluded that a single location for our headquarters offices will help facilitate the close collaboration essential to our success and to the growth of DuPont. A consolidated headquarters at Chestnut Run where most of DuPont’s businesses are headquartered will make it possible to draw on people and knowledge across the company even more dynamically, on a daily basis.”
At the same time, the Chemours Company is set to assume ownership of the DuPont Building in Wilmington and its employees will relocate to the building by the middle of 2015. The move will combine all the Chemours employees into one location, “enabling them to continue to build their operating model and to establish a unique identity and culture,” DuPont explained.
The ultimate headquarters location for Chemours has not been officially decided.