DuPont has signed an agreement to acquire Sinochem (Ningbo) RO Memtech Co., Ltd. to expand its reverse osmosis (RO) manufacturing capacity into China and the Asia Pacific region.
The acquisition increases DuPont’s capacity to meet the growing demand in the region for FilmTec elements for industrial water purification and reuse, a release stated.
"This acquisition aligns with our strategy to enhance our global manufacturing capabilities for FilmTec RO elements and better serve our customers in China and the Asia Pacific region," said Jeroen Bloemhard, president of DuPont’s Healthcare & Water Technologies segment. "With an expanded global manufacturing footprint, DuPont remains dedicated to providing solutions that purify and reclaim water sources, particularly in regions facing water scarcity and resource challenges."
The transaction is expected to close in the fourth quarter of this year.
Production facilities, based in Zhejiang Province, China, will be the third RO manufacturing location for DuPont, expanding on production employed in Edina, MN and Jubail, in Saudi Arabia.
Reverse osmosis technology is used to demineralize brackish water and desalinate seawater for a variety of applications, including industrial and municipal water treatment, power generation, food and beverage processing, and water reuse.
DuPont Water Solutions’ technologies helps purify more than 50 million gallons of water every minute in 112 countries across the world.
The business was one of two DuPont planned to spin off. The company retained the water business and is spinning off the electronics business into a public company known as Qnity Electronics.
DuPont earlier announced the sale of Kevlar and Nomex materials business.
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