DuPont (DD) Launches Tyvek Protec Roofing Underlayments

DuPont’s (NYSE:DD) Protection Solutions business has unveiled a new line of roofing underlayments – DuPont Tyvek Protec – part of the Tyvek family of building envelope products.

Tyvek Protec is appropriate for use by professional roofing and exteriors contractors in new construction or re-roofing projects as a secondary water barrier on steep-sloped roofs under asphalt shingle, tile, metal, cedar or slate.

Tyvek Protec is offered in a range of product grades: Tyvek Protec 120, Tyvek Protec 160 and Tyvek Protec 200; each of them possesses enhanced quality, durability, strength, warranty protection and UV resistance. It has a world-class and industry-leading walkability, is wrinkle free and also lays flat; thus providing easy and effective installation options irrespective of the weather conditions. Tyvek Protec is easy to chalk, and available from local lumber and roofing dealers in the U.S. and Canada..

Through “For Greater Good,” DuPont’s Tyvek brand also provides people with the protective barrier that they want.

Last month, DuPont’s Industrial Biosciences unit launched its DuPont Synerxia Fermentation System – a ground-breaking approach to fermentation that will help ethanol makers improve their yields by up to 2%, while reducing total sugar levels at drop by up to 25%.

DuPont reported adjusted earnings of $1.26 per share in first-quarter 2016, outperforming the Zacks Consensus Estimate of $1.02. Earnings were aided by cost saving plans. Sales of $7.4 billion for the reported quarter also beat the Zacks Consensus Estimate, despite currency headwinds and lower volumes. The company is undertaking an aggressive restructuring program this year, with numerous cost-cutting actions, including the layoff of 10% of its workforce.

DuPont currently holds a Zacks Rank #3 (Hold).

Better-ranked companies in the chemical space include Albemarle Corp. (NYSE:ALB) , Huntsman Corp. (NYSE:HUN) and Axiall Corp. (NYSE:AXLL) , each sporting a Zacks Rank #1 (Strong Buy).