DuPont to re-establish performance-chemicals business as a separate unit

DuPont plans spin off its performance-chemicals business into a separate company as it redefines its core focus while shielding itself from market volatility. "Following a thorough strategic review process over the last year, the spinoff of Performance Chemicals is clearly the best option to deliver enhanced value for our shareholders. This separation will advance the transformation of DuPont and result in two strong, highly competitive companies," said DuPont CEO Ellen Kullman.

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