DuPont Completes Divestiture of Biomaterials Business

WILMINGTON, Del., – DuPont (NYSE:DD) today announced completion of the previously-announced sale of its Biomaterials business unit, effective May 31, 2022, to the Huafon Group for a purchase price of approximately $240 million.

The results of operations of the Biomaterials business unit were previously reported in Corporate & Other.  For full year 2021, the Biomaterials business unit recorded net sales of approximately $200 million.