DAK Americas LLC has formed a new specialty polymers business unit, following a Feb. 27 agreement with DuPont Co. of Wilmington, Del. Terms were not disclosed.
DAK acquired from DuPont technology to make a select group of polyester resins, based on ethylene glycol, that were under DuPont's Crystar brand. The selected resins typically are used to make packaging, monofilaments, nonwovens and other engineered polyester products.
The acquiring of these technologies further enhances DAK's capabilities and allows DAK to expand its product offerings into the specialty polymers business, President and Chief Executive Officer Hector Camberos said in a news release.
DAK of Charlotte is a major producer of PET resins, polyester staple fibers and polyester raw materials. It is is a subsidiary of Alfa SAB de CV of San Pedro Garza García, Mexico.
A DAK spokesman said DuPont's Crystar brand is not included in the agreement. Crystar is a family of polyesters tailored to specific applications.