Update: Market Chatter: DuPont Mulls Sale of Kevlar, Nomex Brands

Trading View
2025.03.31 18:28

DuPont is considering selling its heat-resistant fiber brands, Nomex and Kevlar, as part of a major reorganization, potentially fetching $2 billion. The company declined to comment on the matter. In recent trading, DuPont's shares rose by 0.8%.

(Updates with DuPont's response in the third paragraph and recent share movement in the final paragraph.)

DuPont de Nemours is weighing a sale of two heat-resistant fiber brands, Nomex and Kevlar, as part of a major reorganization, Bloomberg reported Monday, citing people with knowledge of the matter.

The assets may fetch $2 billion, some of the people said, according to the report.

DuPont declined to comment when contacted by MT Newswires.

Shares were up 0.8% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.

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