Business
DuPont Completes Divestiture of Aramids Business
DuPont (NYSE:DD) today announced it 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), in a transaction valuing the business at approximately $1.8 billion.
About this update from Dupont De Nemours, Inc.
[{"type":"text","content":"WILMINGTON, Del., April 1, 2026 /PRNewswire/ -- DuPont (NYSE:DD) today announced it 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), in a transaction valuing the business at approximately $1.8 billion.","length":325,"tagName":"p"},{"type":"image","alt":"DuPont Logo (PRNewsfoto/DuPont)","displaySize":"","headline":null,"caption":"DuPont Logo (PRNewsfoto/DuPont)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":116,"url":"https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/6PSAdlfFo8qBZlzgYmrYOg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNA--/https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368","width":400,"height":116}},"href":"https://mma.prnewswire.com/media/1167395/dupont_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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.","length":330,"tagName":"p"},{"type":"text","content":"The results of the Aramids business were reclassified and reported as discontinued operations beginning in third quarter 2025 for current and historical periods.","length":161,"tagName":"p"},{"type":"text","content":"About ArclinArclin is a leading materials science company and manufacturer of polymer technologies, engineered products, and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities across North & South America, Europe, and Asia and serves customers worldwide. For more information, visit www.arclin.com.","length":532,"tagName":"p"},{"type":"text","content":"About TJCTJC, L.P., formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including...