DuPont revises restructure plans

DuPont has announced some changes in its ongoing restructure. The company will now accelerate the separation of its Electronics business with a target date of 1 November for completion. However, it no longer intends to separate its Water business.  

“We remain confident in the opportunity to create significant shareholder value through the separation of the Electronics business,” said executive chairman Ed Breen (pictured). “Achieving an independent Electronics company as soon as possible is the right decision for our shareholders.” 

Not separating the Water business, DuPont added, enhances its ability “to continue optimising its portfolio following the Electronics separation”. According to CEO Lori Koch, it “provides the new organisation with greater strategic flexibility over time and another high growth business alongside Healthcare.” Water is expected to have a strong 2025.