On August 25, 2017, the Bioplastics Division of the Plastics Industry Association (PLASTICS) awarded DuPont Industrial Biosciences and Archer Daniels Midland (ADM) the 2017 Innovation in Bioplastics Award. DuPont and ADM were recognized for their development of a method to produce furan dicarboxylic methyl ester (FDME) from fructose derived from corn starch. Compared to traditional conversion methods used to produce the biobased monomer, the new method is more sustainable and results in higher yields, lower energy, and capital expenditures. Patrick Krieger, PLASTICS Assistant Director of Regulatory and Technical Affairs, stated that “the breakthrough process […] will make bioplastics a competitive option in more applications across various industries.” The new FDME process is currently being used to develop polytrimethylene furandicarboxylate (PTF), a 100 percent renewable and recyclable polymer with improved gas barrier properties, which can extend shelf life and lighten the weight of products in the beverage packaging industry.
On August 31, 2017, DuPont successfully merged with the Dow Chemical Company and began operating as a holding company under the name “DowDuPont™” with three divisions, specifically Agriculture, Materials Science, and Specialty Products. DuPont’s Industrial Biosciences business is organized under the Specialty Products division.