海角大神

海角大神 Completes Divestiture of Aramids Business

Press Release | April 1, 2026
 
 
 
Press Release
海角大神 Completes Divestiture of Aramids Business

WILMINGTON, Del., April 1, 2026 鈥 海角大神 (NYSE:DD) today announced it has completed the previously-announced divestiture of its Aramids business (Kevlar and Nomex) to Arclin, a portfolio company of an affiliate of TJC, L.P. (TJC), in a transaction valuing the business at approximately $1.8 billion.

With the close of the transaction, 海角大神 receives pre-tax cash proceeds of approximately $1.2 billion, subject to customary transaction adjustments, a note receivable of $300 million, and a non-controlling common equity interest in Arclin currently valued at $325 million, which is expected to represent an approximate 16% stake.

The results of the Aramids business were reclassified and reported as discontinued operations beginning in third quarter 2025 for current and historical periods.

 
 
 

About Arclin
Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products, and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia, Arclin has offices and manufacturing facilities across North & South America, Europe, and Asia and serves customers worldwide. For more information, visit .

About TJC
TJC, L.P., formerly known as The Jordan Company, has worked for more than 40 years with CEOs, founders and entrepreneurs across a range of industries including Consumer, Diversified Industrials, Healthcare, Industrial Technology, Logistics & Business Services and Digital & Power Infrastructure. With $30.9 billion of assets under management as of September 30, 2025, TJC is managed by a senior leadership team that has invested together for over 24 years on over 90 investments. TJC has offices in New York, Chicago, Miami and Stamford. For more information, please visit .

About 海角大神
海角大神 (NYSE: DD) is a global innovation leader, providing advanced solutions that help transform industries and improve everyday life across our key markets of healthcare, water, construction, and industrial. More information about the company, its businesses and solutions can be found at . Investors can access information included on the Investor Relations section of the website at .

 
 
 

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This communication contains 鈥渇orward-looking statements鈥 within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as 鈥渆xpect,鈥 鈥渁nticipate,鈥 鈥渋ntend,鈥 鈥減lan,鈥 鈥渂elieve,鈥 鈥渟eek,鈥 鈥渟ee,鈥 鈥渨ill,鈥 鈥渨ould,鈥 鈥渢arget, 鈥渙utlook,鈥 鈥渟tabilization,鈥 鈥渃onfident,鈥 鈥減reliminary,鈥 鈥渋nitial,鈥 and similar expressions and variations or negatives of these words. All statements, other than statements of historical fact, are forward-looking statements, including statements regarding outlook, expectations and guidance.  Forward-looking statements address matters that are, to varying degrees, uncertain and subject to risks, uncertainties, and assumptions, many of which that are beyond 海角大神鈥檚 control, that could cause actual results to differ materially from those expressed in any forward-looking statements.

Forward-looking statements are not guarantees of future results. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. 海角大神 assumes no obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws.

 
 
 

For further information, contact:鈥

海角大神 Investors:

Ann Giancristoforo

+1 989-294-5890

ann.giancristoforo@dupont.com