IHS Chemical Week

DuPont to spin off performance chemicals

11:43 AM MDT | October 25, 2013

DuPont said last evening that it will divest its $7-billion performance chemicals segment through a tax-free spin-off to shareholders. DuPont announced in late July that it was evaluating a sale or spin off of the $7-billion/year unit as part of its transformation to a “higher growth, less cyclical company.” The business includes titanium dioxide (TiO2), fluoroproducts, and industrial and specialty chemicals. The transaction is expected to be completed in about 18 months subject to a favorable ruling by US tax authorities, the company says.. DuPont CFO...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Username:
Password:

Forgot your user ID or password? Click here to have it sent to you.













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa