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 Completes Divestiture of Aramids Business - Ink World Magazine
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DuPont Completes Divestiture of Aramids Business

This transaction valued the Aramids business at approximately $1.8 billion.

DuPont has completed the previously announced divestiture of its Aramids business (Kevlar and Nomex) to Arclin, a portfolio company of an affiliate of TJC, L.P. (TJC).

This transaction valued the business at approximately $1.8 billion.

With the close of the transaction, DuPont receives pre-tax cash proceeds of approximately $1.2 billion, subject to customary transaction adjustments, a note receivable of $300 million, and a non-controlling common equity interest in Arclin currently valued at $325 million, which is expected to represent an approximate 16% stake.

The results of the Aramids business were reclassified and reported as discontinued operations beginning in the third quarter of 2025 for current and historical periods.

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