Buyer of DuPont’s PTT business finally revealed
In Delaware, China’s Huafon Group has been named as the buyer of DuPont’s polytrimethylene terephthalate (PTT) business. First announced in October 2020, the $240-million deal includes Sorona, a partially biobased PTT fiber for carpets and fabrics; a biobased 1,3-propanediol asset in Tennessee; and PDO product lines for multiple applications. Huafon has launched the business as […]