DuPont Co.
Private equity firm TJC LP of New York has agreed to buy 80 percent of DuPont Co.'s Delrin acetal homopolymer (H-POM) business.
Wilmington, Del.-based DuPont marked the opening of the Liveo Healthcare Solutions plant at its Cooper River site in Moncks Corners, S.C., on July 28.
DuPont also surged to a $6.5 billion profit in 2021 after losing $2.9 billion the prior year.
Materials giant DuPont Co. looks to guard against potential of fires related to lithium-ion batteries.
DuPont Co.'s list of items to be sold include nylon, first developed in 1939. It would trade away a long-standing business in favor of opportunities for future markets.
DuPont Co. is strategically enhancing its portfolio, unveiling plans to divest a substantial portion of its mobility and materials segment and acquire Rogers Corp. in a deal worth $5.2 billion.
DuPont debuts new grades of nylon and PBT resins for those markets.
California's Bye Bye Mattress program recently reported it has now recycled more than 5 million mattresses since 2016. That's enough to span nearly 6,000 miles, or the length of a bridge from California to Hawaii and back, according to the Mattress Recycling Council. It also adds up to 26.3 million pounds of polyurethane foam.
Marc Doyle, a 25-year DuPont veteran, had been the firm's CEO for less than a year. Chief Financial Officer Jeanmarie Desmond also is out, replaced by Lori Koch, the firm's vice president of investor relations, corporate financial planning and analysis.
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