DuPont announced on May 22, 2024, plans to separate into three publicly traded companies.
The separation will create independent companies focused on Electronics and Water, while leaving the New DuPont as “a premier diversified industrial company with industry-leading brands and solutions.”
According to the press release, “New DuPont will be a premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands such as Tyvek, Kevlar and Nomex. New DuPont will have a strong presence in fast-growing healthcare end-markets including applications for biopharma consumables, medical devices, and medical packaging.”
New DuPont will also play in key technologies for advanced mobility, particularly within electric vehicles, as well as will remain a solution provider for the safety, construction, aerospace, and other industrial-based end-markets.
