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DuPont Finalizes Sale of its Biomaterials Business

DuPont has announced completion of the previously-announced sale of its Biomaterials business unit.

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

DuPont has announced completion of the previously-announced sale of its Biomaterials business unit, effective May 31, 2022, to the Huafon Group for a purchase price of approximately $240 million.

The results of operations of the Biomaterials business unit were previously reported in Corporate & Other. For full year 2021, the Biomaterials business unit recorded net sales of approximately $200 million.

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