11:41 AM EDT, 08/29/2025 (MT Newswires) -- DuPont de Nemours ( DD ) agreed to sell its Aramids business, which includes heat-resistant fiber brands Kevlar and Nomex, to materials science company Arclin in a deal worth roughly $1.8 billion, the companies said Friday.

DuPont ( DD ) will receive pre-tax cash proceeds of about $1.2 billion, a $300 million note, and an expected 17.5% stake in the future Arclin company, the chemicals company said.

The transaction, subject to regulatory approvals, is expected to close in the first quarter of next year. Arclin is a portfolio company of investment firm TJC's affiliate.

The Aramids divestiture will not affect DuPont's ( DD ) planned spin-off of its electronics segment, Qnity, in November. In May last year, DuPont ( DD ) announced plans to separate into three publicly traded companies, spinning off its electronics and water businesses.

"Today's announcement is another important step in our continued optimization of the new DuPont ( DD ) portfolio," Chief Executive Lori Koch said. "The Aramids transaction further enhances the strategic focus of our portfolio, while also increasing the growth and margin profile."

The Aramids business, which generated $1.3 billion in sales last year, has 1,900 employees and five manufacturing sites, DuPont ( DD ) said.

The deal would expand Arclin's portfolio to aerospace, electrical infrastructure, electric vehicles, personal protection and defense, Arclin said in a separate statement.

"The global footprint of the Kevlar and Nomex businesses presents a unique opportunity for Arclin to expand into new markets both geographically and through new products and technologies," Chief Operating Officer Mark Glaspey said. "We are focused on unlocking opportunities across facilities, partners, and markets."

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