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Business
DuPont sells a coatings business
December 11, 2006
| A version of this story appeared in
Volume 84, Issue 50
DuPont will sell its protective coatings business, including a site in Vaihingen, Germany, to Swiss construction chemicals firm Sika. No financial details were disclosed. Sika says the unit and its 150 employees will provide access to fire-protective coatings technology and allow it to increase sales of concrete and steel coatings outside Germany. DuPont says the deal furthers a strategy, announced in March, to reorganize its performance coatings operations. Late last month, the firm sold its special adhesives business to Bostik.
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