DuPont to Sell Its Kevlar, Nomex Business
DuPont's sale of its Aramids division, including Kevlar and Nomex, will yield about $1.2 billion cash and a 17.5% stake in Arclin, employing 1,900 workers across five sites.
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6 Articles
DuPont to sell its Kevlar, Nomex business, mainstays at Spruance plant
DuPont Co. is selling its Kevlar fiber and Nomex fire-resistant fabric business, including much of the Chesterfield plant’s operations, to Georgia-based chemicals firm Arclin for about $1.8 billion.
DuPont Sells Kevlar And Nomex Brands To Arclin - Canadian Plastics
DuPont Co. is selling its aramids business – which includes its Kevlar and Nomex fiber brands – to materials firm Arclin Inc. for approximately US$1.8 billion. The deal is part of chemical maker DuPont’s attempt to streamline its portfolio, as the sector has been it’s been hit with higher energy costs, as well as weak demand and prices, especially in European markets where strict regulations have raised the cost of manufacturing. The sale will n…
What's Going On With DuPont Stock Friday? - DuPont de Nemours (NYSE:DD)
DuPont de Nemours, Inc. (NYSE:DD) said Friday it agreed to sell its Aramids business, including the Kevlar and Nomex brands, to Arclin, a portfolio company of TJC, L.P., in a deal valued at about $1.8 billion. The transaction is expected to close in the first quarter of 2026, pending regulatory approvals. At closing, DuPont will receive about $1.2 billion in cash before taxes, a $300 million note, and a 17.5% equity stake in the future Arclin bu…
DuPont Sells Aramids Business to Arclin in $1.8B Deal - USA Herald
DuPont Sells Aramids Business to Arclin in a blockbuster $1.8 billion transaction that will shift two of the most iconic synthetic fibers—Kevlar and Nomex—into the hands of the Georgia-based materials science firm. The deal, backed by private equity powerhouse TJC, marks a seismic shift in the global advanced fibers market. The Terms of the Deal The agreement, announced Friday, is expected to close in the first quarter of 2026. DuPont said it wi…
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