DuPont More Than Doubles Q1 Earnings

Wilmington, DE, April 27, 2010–Chemical maker DuPont Co. said it more than doubled its earnings for the first quarter.

Net income increased to $1.13 billion, or $1.24 a share, from $488 million, or $0.54 a year earlier.

Revenue totaled $8.48 billion, up 23% from $6.87 billion, for the corresponding period last year.

DuPont’s performance materials unit saw volume increase by 56% as demand improved in the automotive, industrial, consumer and electronic markets.