DuPont completes the spin-off of its aramid business
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Glonghui, April 3 — DuPont recently announced that it has successfully completed the divestiture of its aramid business, selling its aramid business (including the Kevlar® and Nomex® brands) to Arclin, a portfolio company of TJC, L.P. (“TJC”). The transaction values DuPont’s aramid business at approximately USD 1.8 billion.
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