Transportation
DuPont Considers Sale of Kevlar, Nomex Safety Brands
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DuPont de Nemours Inc. is considering a sale of two heat-resistant fiber brands as the chemical manufacturer undergoes a broader overhaul, people with knowledge of the matter said.
The Wilmington, Delaware-based company is working with advisers to look at strategic options, including a potential sale, for the Nomex and Kevlar brands, according to the people. The operations could fetch around $2 billion in a sale, some of the people said, asking not to be identified because the information is private.