Private equity firm TJC LP of New York has agreed to buy 80 percent of DuPont Co.'s Delrin acetal homopolymer (H-POM) business. The sale is valued at $1.8 billion, Wilmington, Del.-based DuPont ...

It will be at Booth S26193 at NPE2024. Wilmington, Del.-based Delrin previously was owned by DuPont Co. In 2023, DuPont sold an 80 percent stake in Delrin to private equity firm TJC LP of New York.

Credit: Alex Tullo/C&EN In another exit from a traditional chemical business, DuPont has struck a deal to sell an 80.1% interest in its Delrin acetal homopolymer unit to the private equity firm TJC.

DuPont de Nemours Inc. DD confirmed Monday morning that it plans to sell an 80.1% ownership interest in Delrin, an acetal homopolymer business, to TJC LP. The deal values Delrin at $1.8 billion.

Manufacturing DuPont has agreed to sell a majority ownership stake in its Delrin acetal homopolymer business to TJC. The transaction values the business at $1.8 billion.

Delrin, an acetal homopolymer with higher tensile strength, is a preferred substitute for metal parts and used in products ranging from gear wheels to insulin pens. The deal marks another step ...

Delrin acetal homopolymer from DuPont is used for high-load mechanical applications such as gears, safety restraints, door systems, conveyor belts, healthcare delivery devices, and other demanding ...