As the work begins to divide up the company, DuPont announced it projects $12.45 billion in revenue this year, lifted by strong sales in semiconductors and AI technology.
Chemours' battery center aims to improve efficiencies in manufacturing lithium ion batteries for electric vehicles, which could also help reduce costs for end customers.
In 2014, Ashland sold its water division for $1.8 billion; a decade later, the remnants, now Solenis, are valued at $8 billion, operating in 120 countries.
Chemours has named a new controller and chief accounting officer this week, signaling the end of a tumultuous time when top executives were placed on leave following an internal investigation.
In a sign of doubling down on the future of a “new DuPont,” Delaware’s chemical company has now signed an agreement to buy Donatelle Plastics Incorporated.
