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Chemical Week Magazine :: Business & Finance :: United States/Americas

DuPont completes coatings sale; cyanide may be next

3:47 PM MST | February 11, 2013 | —Lindsay Frost

Shaver: Former TPC CEO to lead former DuPont unit. The Carlyle Group (Washington) has completed its $4.9-billion acquisition of DuPont Performance Coatings (DPC). The Carlyle Group says it will change the name of the business to Axalta Coating Systems and has named Charlie Shaver, former CEO of TPC Group, as Axalta chairman and CEO. “Our global scale, with 35 plants and 7 technology centers around the world, combined with Carlyle’s industrial focus and global network, position us well for the future,” Shaver says. Axalta will continue to do...

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