Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 DuPont Ups Stake In Elastomers Venture - Nonwovens Industry

What are you searching for?

Sign in
Nonwovens News

DuPont Ups Stake In Elastomers Venture

Author Image

By: Karen McIntyre

Editor, Nonwovens Industry

DuPont will purchase The Dow Chemical Company’s remaining equity interest in the companies’ joint venture DuPont Dow Elastomers (DDE) for $87 million once Dow exercises an option to acquire certain assets of the company. The assets will primarily relate ethylene and chlorinated elastomers, including assets of the Engage, Nordel and Tyrin businesses.

DuPont had previously announced in April that Dow and DuPont had executed several agreements relating to the future management of DDE. As part of those agreements, Dow was granted the option to acquire certain assets relating to ethylene and chlorinated elastomers.

DuPont Dow Elastomers LLC, a global supplier of specialty elastomers with headquarters in Wilmington, DE, has approximately $1.2 billion in sales. The company is a leader in chloroelastomers, ethylene elastomers and fluorinated elastomers, serving the automotive, chemical, construction, general rubber, plastics and wire and cable industries.

Add us as a preferred source on Google

Get the latest Nonwovens Industry news, insights and analysis in your Google Search and AI experiences.

Add Nonwovens Industry as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nonwovens Industry Newsletters

Topics