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DuPont Inc. (NYSE: DD) announced plans to split into three publicly traded entities, focusing on Electronics, Water, and a diversified New DuPont. The separation, tax-free for shareholders, will enhance focus and strategic growth. Each entity will have dedicated management and tailored capital strategies. The move aims to deliver sustainable shareholder value and create new opportunities for employees, with completion expected within 18-24 months.
China launches anti-dumping probe on plastics from US and EU, possibly as retaliation for Biden's recent tariffs. Chemical companies affected include Celanese, BASF, DuPont, Mitsubishi, Asahi Kasei, and SABIC.