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(Reuters) -DuPont said on Friday it would sell most of its mobility and materials business to Celanese Corp for $11 billion, as the industrial materials maker continues to tweak its portfolio to ...
Specialty chemicals company Celanese Corp is nearing a deal to buy DuPont de Nemours Inc's mobility and materials unit for more than $10 billion, Bloomberg News reported on Thursday, citing people ...
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Celanese Corporation, formerly known as Hoechst Celanese, is an American technology and specialty materials company headquartered in Irving, Texas. [3] It is a Fortune 500 corporation. The company is the world's leading producer of acetic acid , producing about 1.95 million tonnes per year, representing approximately 25% of global production. [ 4 ]
DuPont filed its initial Form 10 with the SEC in December 2014 and announced that the new company would be called "The Chemours Company." [ 8 ] The name is a portmanteau of the words chemical and Nemours, a nod to DuPont's full name, E. I. du Pont de Nemours & Co.
The DowDuPont agricultural businesses that became Corteva had revenue of over $14 billion in 2017, [9] which would have placed the company in the Fortune 500 for that year. A major part of the company is Pioneer Hi-Bred International, which DuPont purchased in 1999.
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A DuPont-commissioned survey undertaken by ChemRisk stated that DuPont released over 1.7 million pounds of C8, 632,468 pounds of that into the Ohio River system. 394,486 pounds was reported to be buried in unlined landfills and 686,233 pounds was released into the environment via chimneys. [4] The factory was operated by DuPont until 2015.