Manufacturing Industry
DuPont fibers unit to fly solo.(Brief Article)
Plastics News, February, 2002 by Esposito, Frank
Chemicals megafirm DuPont is shaking up its corporate structure, splitting off its fibers unit after a year in which the firm's sales and profit each took major drops. DuPont's market-leading nylon 6/6 resin business will be placed in its performance materials unit, along with its acetal, specialty polyester and copolyester businesses.
The unit also will include the DuPont Dow Elastomers and DuPont Teijin Films U.S. LP joint ventures. However, DuPont's fluoropolymers business will be placed in the electronics and communication technologies unit, to take better advantage of growth in the semiconductors industry, Charles Holliday Jr., chairman and chief executive officer, said in a Feb. 11 news conference call. ``Fluoropolymers could go in many different...
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