$11 billion! DuPont completed most of the business of selling the transportation and materials department
On November 1, DuPont announced that it had completed the divestiture of most businesses under the former transportation and materials department. This part of the business was sold to Celanese at a transaction price of $11 billion in cash.
In February this year, DuPont announced that it had reached an agreement with Celanese to divest most of the business of the transportation and materials department to Celanese. The transaction includes some products of engineering plastics business, high-performance resin and advanced solutions business. The net sales of these businesses in 2021 will be about 3.5 billion dollars, and the EBITDA will be about 800 million dollars.
Looking for chemical products? Let suppliers reach out to you!
You May Interested In
2026-07-07
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Another Strategic Move! DuPont Launches a New Specialty Lubricants Project in Zhangjiagang
-
DuPont Bids Farewell to Its Aramid Business with a $1.8 Billion Sale
-
DuPont Launches Silver Nanowire Products in Korea
-
DuPont Plans to Divest the Electronics Business on November 1, 2025
-
DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology
-
Deltech Takes Over Divinylbenzene Production from DuPont
-
DuPont Acquires Donatelle Plastics
-
DuPont to split into three companies, CEO Brin resigns
-
DuPont launches Tyvek TrifectaA2 fire-resistant breathable membrane
-
Joined Forces! DuPont and Nippon Paint Jointly Launch PVF Coating Solutions
Recommend Reading
-
New Location, New Horizon: ECHEMI Thailand Branch Embarks on a New Chapter
-
Supporting Each Other | ECHEMI Employees Voluntarily Raise Funds for Flood Relief in Southern Thailand
-
International Workers' Day Holiday Notice and Service Arrangement
-
ICIS Global No.58: ECHEMI Again Ranks Among the World’s Chemical Distributors
-
Address Change Declaration（ECHEMI SPECIALTIES)
-
Dimethyl Carbonate: Properties and Industrial Applications
-
The negative spread has widened, with acrylic acid prices continuously falling and showing weakness domestically in China
-
Evonik Inaugurates New Speciality Alumina Plant in Japan, Bolstering Regional Growth Strategy
-
Potassium Carbonate: Properties, Uses, and Applications
-
This week, the coke market in China showed a narrow and weak trend (10.17-10.24)