Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

DuPont Neoprene Will Go To Denka

by Alexander H. Tullo
December 15, 2014 | A version of this story appeared in Volume 92, Issue 50

DuPont has agreed to sell its Neoprene polychloroprene rubber business to Denka Performance Elastomer, a joint venture between Denki Kagaku Kogyo and Mitsui & Co., for more than $85 million. Julius A. Nieuwland, a chemist and priest at the University of Notre Dame, conducted initial research that led to Neoprene. DuPont scientist Elmer K. Bolton then advanced the work, leading to introduction of the rubber in 1931. Tough and chemical resistant, Neoprene is today used in cable insulation, wet suits, industrial hoses, and shoe soles. DuPont makes Neoprene in La Place, La. About 235 employees will be affected by the transaction.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.