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July/August 2008

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Huntsman To Acquire DuPont™ Zonyl® Fluorochemical Product Line

The Switzerland-based Textile Effects business of Salt Lake City-based Huntsman Corp. has agreed to acquire Wilmington, Del.-based DuPont’s global fluorochemical business — comprising its DuPont™ Zonyl® product line for nonwovens applications including automotive, construction, filtration and medical applications; among others — for an undisclosed price. Zonyl products are used as repellents for alcohol-, oil- and water-based fluids.

The agreement provides for a short transition period to ensure a smooth changeover, after which DuPont will supply finished products and intermediates to Huntsman, which will handle all future business-related activities but will not take over DuPont’s employees or manufacturing assets. The two companies also agreed to jointly develop new products and technologies for the nonwovens sector.

“We are delighted with this transaction, as we believe that DuPont’s technology and product stewardship, with its focus on sustainability, will significantly enhance our product offering in the technical textile market, which is strategically important for our Textile Effects business,” said Paul Hulme, president of Huntsman’s Materials and Effects division.