DuPont to divest Kevlar, Nomex business to Arclin
The company is selling its Aramids business for $1.8 billion to the chemical manufacturer in order to streamline the new DuPont portfolio and improves its financial profile.
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DuPont (Wilmington, Del., U.S.) has announced that (Alpharetta, Ga., U.S.), a portfolio company of an affiliate of TJC L.P. (TJC), has reached a definitive agreement to acquire DuPont’s Aramids business (Kevlar and Nomex) in a transaction valuing the business at approximately $1.8 billion.
Arclin has received fully committed financing in connection with the transaction, which is expected to close in Q1 2026, subject to customary closing conditions and regulatory approval.
At close, DuPont will receive pre-tax cash proceeds of approximately $1.2 billion, subject to customary transaction adjustments, a note receivable of $300 million and a non-controlling common equity interest in the future Arclin company currently valued at $325 million, which is expected to represent an approximate 17.5% stake at the time of close.
“This is another important step in our continued optimization of the new DuPont portfolio,” says Lori Koch, DuPont CEO. “The Aramids transaction further enhances the strategic focus of our portfolio, while also increasing the growth and margin profile. The transaction is structured to maximize value for our shareholders by providing significant cash proceeds at close which will be redeployed to further drive value creation, while also allowing DuPont shareholders to participate in Arclin’s growth potential through our retained equity interest.”
The addition of Kevlar and Nomex to the Arclin portfolio presents an opportunity for Arclin to increase its scale, broaden its global reach and build its application development capabilities.
The Aramids business is the inventor and largest global producer of high-performance synthetic fibers that protect people, equipment and structures in high cost-of-failure applications. Aramids’ synthetic fibers, Kevlar and Nomex, are well-known brands globally with a longstanding reputation for quality, product performance and supply reliability. With about 1,900 employees and five manufacturing sites, the Aramids business generated net sales of $1.3 billion in 2024.
The Aramids divestiture will not impact DuPont’s intended separation of its electronics business (Qnity), which remains on track for a Nov. 1, 2025 spin-off.