DuPont seems to have concluded restructuring and settled over a long lasting portfolio. The company sold its Diet & Biosciences division to International Flavors & Fragrances in February, generating $7.3 billion in proceeds earmarked for investment decision and paying down personal debt.
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Aminoindanes (“bathtub salts,” a class of novel psychoactive substances, NPSs) amplified promptly in popularity within the recreational drug market, particularly soon after mephedrone along with other artificial cathinones have been banned in britain in 2010.
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As part of the system, Dow is shutting some amine and solvent plants inside the US and Europe and closing small polyurethane plants and coatings reactors. Dow also divested terminal and rail assets in 2020.
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Albemarle is seeking to unload the unit since 2015. The divestment allows the company to focus on its high-growth lithium business and bromine and refining catalyst units. Furthering these targets, Albemarle unveiled designs in January to double its US lithium production.
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