DuPont to carve out new performance chemicals division

The new company will have world leading businesses in Titanium Technologies and Chemicals & Fluoroproducts, solid fundamentals, strong cash flow generation, and well established positions in attractive markets.  The Performance Chemicals segment generated about $7 billion in 2012 revenues.

DuPont announced on July 23 that it would explore strategic alternatives for its Performance Chemicals businesses as part of an ongoing portfolio review to determine the optimal mix of businesses for maximizing shareholder value.  Evercore and Goldman Sachs are strategic advisors on the separation.

DuPont has been bringing world-class science and engineering to the global marketplace in the form of innovative products, materials, and services since 1802. 

The company believes that by collaborating with customers, governments, NGOs, and thought leaders we can help find solutions to such global challenges as providing enough healthy food for people everywhere, decreasing dependence on fossil fuels, and protecting life and the environment.

DuPont