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July 01, 2015 02:00 AM

DuPont completes Chemours spin-off

European Rubber Journal Report
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    WILMINGTON, Del.—DuPont Co. has completed the separation of its Performance Chemicals segment through the spin-off of Chemours Co., DuPont said in a July 1 press release.

    Chemours, it said, begins “regular way” trading today on the New York Stock Exchange under the symbol “CC.”

    “Today's successful spin-off advances DuPont's transformation to a higher growth, higher value, global science and innovation company,” said DuPont chair and chief executive officer Ellen Kullman.

    Wilmington-headquartered Chemours has around 9,000 employees across 37 manufacturing sites serving more than 5,000 customers in North America, Latin America, Asia-Pacific and Europe.

    Chemours' portfolio encompasses titanium technologies, chemical ‘solutions,' fluoroproducts and Viton flouroelastomers. DuPont continues to produce Kalrez perfluoroelastomer (FFKM) parts and Vamac ethylene acrylic elastomers.

    Related Articles
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    DuPont spin-off Chemours now trading on NYSE
    Kullman to step down as DuPont CEO
    DuPont consolidating plastics operations into single unit
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