DuPont de Nemours (DuPont)
Canvas Category OEM : Chemical
Our community of scientists, engineers, visionaries and all of our partners are working every day to turn possibilities into real world answers that help humanity thrive.
Assembly Line
Deltech Holdings Assumes Divinylbenzene Production From DuPont
Deltech Holdings, a leading producer of high-performance aromatic monomers, specialized crystal polystyrene, and downstream acrylic resins for the coatings, composites, construction, and other end markets, will be assuming the production of Divinylbenzene (“DVB”) from DuPont.
DuPont plans to discontinue its production of DVB as part of its strategy to focus on downstream applications. With this agreement, DuPont will transfer IP and other assets to Deltech, enabling them to produce a reliable source of Divinylbenzene for DuPont and its customers.
The agreement represents an opportunity for Deltech to leverage its differentiated capabilities and experience in DVB production to serve a greater portfolio of customers working in attractive end markets.
DuPont Completes Acquisition of Donatelle Plastics Incorporated
DuPont (NYSE: DD) announced that it has completed the previously announced acquisition of Donatelle Plastics, a leading medical device contract manufacturer specializing in medical components and devices.
With a workforce of more than 400 employees, Donatelle becomes part of the Industrial Solutions line of business within the Electronics & Industrial segment. The acquisition of Donatelle brings complementary advanced technologies and capabilities including medical device injection molding, liquid silicone rubber processing, precision machining, device assembly, and tool building. Donatelle has a strong financial growth potential with offerings aligned to attractive therapeutic areas including electrophysiology, drug delivery, diagnostics, cardiac rhythm management, neurostimulation, and orthopedic extremities.
Azul 3D Closes $15 Million in Series A Funding
Azul 3D, a leading-edge 3D printing startup, has closed a Series A transaction of $15 million from existing and new investors. Investment in the company comes from around the globe, including from DuPont, a lead investor in the Series A transaction. Other investors from the EMEA and Asia regions include Beta Lab and GS Futures.
DuPont has worked with Azul 3D since 2019 and is working on the development of applications that take advantage of Azul 3D’s proprietary High-Area Rapid Printing (HARP™) technology.
DuPont to Acquire Spectrum Plastics Group from AEA Investors
DuPont (NYSE DD) today announced that it has entered into a definitive agreement to acquire Spectrum Plastics Group (“Spectrum”) from AEA Investors. The purchase price will be paid from existing cash balances. The transaction is expected to close by the end of the third quarter of 2023, subject to regulatory approvals and other customary closing conditions
Spectrum is a recognized leader in advanced manufacturing of specialty medical devices and components, serving 22 of the top 26 medical device OEMs with a strategic focus on key fast-growing therapeutic areas such as structural heart, electrophysiology, surgical robotics and cardiovascular.
Databricks Announces Lakehouse for Manufacturing, Empowering the World's Leading Manufacturers to Realize the Full Value of Their Data
Databricks, the lakehouse company, today announced the Databricks Lakehouse for Manufacturing, the first open, enterprise-scale lakehouse platform tailored to manufacturers that unifies data and AI and delivers record-breaking performance for any analytics use case. The sheer volume of tools, systems and architectures required to run a modern manufacturing environment makes secure data sharing and collaboration a challenge at scale, with over 70 percent of data projects stalling at the proof of concept (PoC) stage. Available today, Databricks’ Lakehouse for Manufacturing breaks down these silos and is uniquely designed for manufacturers to access all of their data and make decisions in real-time. Databricks’ Lakehouse for Manufacturing has been adopted by industry-leading organizations like DuPont, Honeywell, Rolls-Royce, Shell and Tata Steel.
The Lakehouse for Manufacturing includes access to packaged use case accelerators that are designed to jumpstart the analytics process and offer a blueprint to help organizations tackle critical, high-value industry challenges.