Polyoxymethylene

TJC Completes Acquisition of Delrin®

Retrieved on: 
Wednesday, November 1, 2023

TJC L.P. (“TJC”) announced the successful close of the acquisition of Delrin®, a highly differentiated, global homopolymer business.

Key Points: 
  • TJC L.P. (“TJC”) announced the successful close of the acquisition of Delrin®, a highly differentiated, global homopolymer business.
  • Today marks the launch of Delrin® as an independent company, building on a 60+ year legacy of partnering with customers to help solve their toughest technical challenges.
  • Delrin’s employees and operations will continue to operate the business in the normal course, providing stability and consistency to customers and suppliers with whom the Company maintains long-standing relationships.
  • After previous roles at Celanese, Avantor and BASF, Juergen’s most recent role was President of Biotherapeutics and Pharmaceuticals at ILC Dover.

DuPont to Complete Sale of ~80% Ownership in Delrin® Business to TJC

Retrieved on: 
Wednesday, November 1, 2023

WILMINGTON, Del., Nov. 1, 2023 /PRNewswire/ -- DuPont (NYSE: DD) announced that today it will complete its previously announced sale of an 80.1% ownership interest in the Delrin® acetal homopolymer (H-POM) business to an affiliate of TJC LP (TJC) in a transaction valuing the business at $1.8 billion.

Key Points: 
  • WILMINGTON, Del., Nov. 1, 2023 /PRNewswire/ -- DuPont (NYSE: DD) announced that today it will complete its previously announced sale of an 80.1% ownership interest in the Delrin® acetal homopolymer (H-POM) business to an affiliate of TJC LP (TJC) in a transaction valuing the business at $1.8 billion.
  • At close, DuPont will receive pre-tax cash proceeds of approximately $1.28 billion which includes certain customary transaction adjustments, a note receivable of $350 million, and will retain a 19.9% non-controlling common equity interest in the Delrin business.
  • DuPont will hold its third quarter earnings conference call today, November 1st at 8:00 a.m.
  • ET.

Unveiling Prismane Consulting's 'Global Polyacetals Market Report' Projecting a USD 6.2 Billion Market by 2032

Retrieved on: 
Wednesday, September 27, 2023

"We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.

Key Points: 
  • "We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.
  • "Our commitment to providing valuable insights into the Polyacetal Resins market is evident in this detailed Market Study report.
  • We have invested substantial effort in understanding the intricacies of this dynamic market landscape, drawing on our extensive experience within the engineering plastics sector.
  • The "Global Polyacetal Resins Market" report is now available for access on Prismane Consulting's official website at: https://prismaneconsulting.com/report-details/global-polyacetal-pom-mark...

Unveiling Prismane Consulting's 'Global Polyacetals Market Report' Projecting a USD 6.2 Billion Market by 2032

Retrieved on: 
Wednesday, September 27, 2023

"We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.

Key Points: 
  • "We're excited to present the seventh edition of our 'Global Polyacetal Resins Market' report," said Rakesh Panigrahi, Principal Consultant at Prismane Consulting.
  • "Our commitment to providing valuable insights into the Polyacetal Resins market is evident in this detailed Market Study report.
  • We have invested substantial effort in understanding the intricacies of this dynamic market landscape, drawing on our extensive experience within the engineering plastics sector.
  • The "Global Polyacetal Resins Market" report is now available for access on Prismane Consulting's official website at: https://prismaneconsulting.com/report-details/global-polyacetal-pom-mark...

Global Polyoxymethylene (POM or Polyacetal) Markets, 2019-2022 & 2022-2028: Product Innovations/Developments, M&As, JVs, and Other Recent Industry Developments - ResearchAndMarkets.com

Retrieved on: 
Friday, May 19, 2023

The "Polyoxymethylene (POM or Polyacetal) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polyoxymethylene (POM or Polyacetal) - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.
  • Global demand for polyoxymethylene (POM) recovered in 2021 and continued the momentum through 2022 thereby registering a volume CAGR of 1.9% during the 2019-2022 period attributed to firm demand from electronics, appliances, and medical sectors and recovery in automobile production.
  • Demand for polyoxymethylene (POM) worldwide declined by 5.2% year-over-year in 2020 due to a reduction in demand from automotive & transportation and industrial applications amid the impact of coronavirus pandemic.
  • Key business trends focusing on product innovations/developments, M&As, JVs, and other recent industry developments

Global Engineering Plastics Market Report 2022: Engineering Plastics Replacing Conventional Materials in End-use Industries & Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, October 28, 2022

The growth because of conventional materials not being suitable for high-temperature applications in automotive, industrial application, machinery, packaging and consumer appliances end-use industries.

Key Points: 
  • The growth because of conventional materials not being suitable for high-temperature applications in automotive, industrial application, machinery, packaging and consumer appliances end-use industries.
  • They are also not thermally conductive and durable in comparison to engineering plastics.
  • This is prompting manufacturers to use engineering plastics in applications that require high heat resistance.
  • Engineering plastics are, therefore, gradually replacing conventional materials, due to their high dimensional stability, continuous service temperature, high chemical resistance, and excellent mechanical properties.

Dupont™ Delrin® Makes Significant Progress Toward Achieving Climate Goals

Retrieved on: 
Thursday, October 13, 2022

WILMINGTON, Del., Oct. 13, 2022 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) today announced that its global Delrin® production facilities have achieved an estimated 10 percent reduction in total scope 1 and 2 greenhouse gas (GHG) emissions from 2019 to 2021. The reduction is principally due to Delrin® plant modernization efforts which are part of the business's overall commitment to sustainability.

Key Points: 
  • The reduction is principally due to Delrin plant modernization efforts which are part of the business's overall commitment to sustainability.
  • "The Delrin business is committed to improving the sustainability of our manufacturing assets in order to deliver increasingly sustainable product offerings to our customers," says Delrin Global Business Manager, Brian Ammons.
  • The Delrin Washington Works facility in West Virginia completed three substantial energy efficiency projects aimed at reducing the plant's steam and electricity consumption.
  • The Washington Works Delrin plant also recently completed a transition from coal to natural gas steam generation, further reducing Delrin scope 2 emissions.

DuPont launches Chinese-language regional website for DuPont™ Liveo™ Healthcare Solutions brand

Retrieved on: 
Tuesday, October 11, 2022

WILMINGTON, Del., Oct. 11, 2022 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) has announced the launch of liveo.dupont.cn, its new DuPont™ Liveo™ Healthcare Solutions regional website serving Greater China. The company actively has expanded its global footprint – with the new website being the latest development – to better serve customers in China and around the world.

Key Points: 
  • New site will support demand for high-quality, high-performance healthcare products in China
    WILMINGTON, Del., Oct. 11, 2022 /PRNewswire-PRWeb/ -- DuPont (NYSE:DD) has announced the launch of liveo.dupont.cn , its new DuPont Liveo Healthcare Solutions regional website serving Greater China.
  • In August, DuPont announced increased production capabilities for its silicone Liveo Pharma Tubing by adding manufacturing capacity in eastern China.
  • DuPont Liveo is a globally recognized leader in technology for a broad range of innovations in medical devices, biopharmaceutical processing and pharmaceutical solutions.
  • DuPont high-performance materials help create safer healthcare environments and protect the health of patients and healthcare providers worldwide.

Asahi Kasei to Present New Concept Car AKXY2 at K 2022 – Diversified Material Solutions for a More Sustainable and Comfortable Mobility

Retrieved on: 
Wednesday, August 24, 2022

Asahi Kasei, a diversified Japanese multinational company, will present its newest concept car AKXY2 for the first time in Europe at K 2022 from October 19-26 in Dsseldorf, Germany (Hall 8a, Booth E23).

Key Points: 
  • Asahi Kasei, a diversified Japanese multinational company, will present its newest concept car AKXY2 for the first time in Europe at K 2022 from October 19-26 in Dsseldorf, Germany (Hall 8a, Booth E23).
  • Asahi Kasei - Hall 8a, booth E23 (Photo: Business Wire)
    AKXY2 made its debut on May 25, 2022 in line with Asahi Kaseis 100th anniversary.
  • Virtually everything that can been seen, touched or felt in the vehicle is either manufactured or co-developed by Asahi Kasei.
  • At K 2022, Asahi Kasei will display 4680 and 2170 round cell holders made of this material.

DuPont Wins Five 2022 R&D 100 Awards

Retrieved on: 
Tuesday, August 23, 2022

WILMINGTON, Del., Aug. 23, 2022 /PRNewswire/ -- DuPont (NYSE: DD) todayannounced that it has been named winner of five 2022 R&D100 Awards in the Mechanical/Materials category.

Key Points: 
  • WILMINGTON, Del., Aug. 23, 2022 /PRNewswire/ -- DuPont (NYSE: DD) todayannounced that it has been named winner of five 2022 R&D100 Awards in the Mechanical/Materials category.
  • TheR&D 100 Awards, sponsored by R&D World Magazine, recognizes the 100 most innovative technologies of the previous year.
  • The awards add to DuPont's impressive streak of new product innovation, having 22 finalists and 10 R&D 100 winners in the last five years.
  • DuPont, the DuPont Oval Logo, and all trademarks and service marks denoted with ,SMorare owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.