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DuPont will spin-off titanium dioxide business


October 29, 2013
By Pulp & Paper Canada

DuPont has announced the separation of its Performance Chemicals segment to enhance shareholder value. The company will intensify its focus in agriculture and nutrition, bio-based industrials and advanced materials.

DuPont has announced the separation of its Performance Chemicals segment to enhance shareholder value. The company will intensify its focus in agriculture and nutrition, bio-based industrials and advanced materials.

The Performance Chemicals segment includes the titanium technologies business, which makes titanium dioxide.

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DuPont intends to execute the separation through a tax-free spin-off to shareholders. The Performance Chemicals segment will operate as an independent, publicly traded company after the separation. It generated about $7 billion in 2012 revenues.


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