DuPont Hands Over Divinylbenzene Production to Deltech Holdings
- 20-Aug-2024 12:50 PM
- Journalist: Bob Duffler
Deltech Holdings, LLC, a prominent producer of high-performance aromatic monomers, specialized crystal polystyrene, and downstream acrylic resins, is set to take over the production of Divinylbenzene (DVB) from DuPont. This move aligns with Deltech’s expertise in serving coatings, composites, construction, and other end markets, further expanding its product portfolio with the addition of DVB.
DuPont's decision to discontinue DVB production is part of its broader strategy to concentrate on downstream applications. As part of the agreement, DuPont will transfer intellectual property and other key assets to Deltech, ensuring a seamless transition. This transfer will allow Deltech to continue providing a reliable source of Divinylbenzene to DuPont and its customers, maintaining the supply chain and supporting ongoing customer needs.
The agreement presents a significant opportunity for Deltech to capitalize on its specialized capabilities and extensive experience in DVB production. By taking over this line from DuPont, Deltech can broaden its customer base and enhance its presence in key markets such as coatings, composites, and construction, which are seeing growing demand for high-performance materials. This strategic expansion allows Deltech to offer a wider range of products to customers in these attractive end markets, reinforcing its position as a leading supplier of specialized chemical solutions and supporting its long-term growth objectives.
Jesse Zeringue, President and CEO of Deltech, expressed enthusiasm about the new agreement, stating that it marks a significant advancement in the growth of Deltech's Monomers segment. He emphasized the importance of the collaboration with DuPont, highlighting their commitment to meeting DuPont's divinylbenzene (DVB) needs while ensuring uninterrupted service for all customers. This partnership reflects Deltech's dedication to expanding its capabilities and maintaining strong customer relationships.
Deltech, a portfolio company of SK Capital Partners, boasts over 50 years of expertise in manufacturing specialty monomers. This extensive experience enables Deltech to serve a wide range of end markets with high-performance products, showcasing its deep industry knowledge and commitment to innovation and quality in specialty chemicals.
Deltech Holdings, LLC is a vertically integrated specialty chemical company, specializing in the production of high-value aromatic monomers, polystyrene, and downstream acrylic resins. With a strategic manufacturing footprint encompassing Louisiana, Ohio, and Connecticut, the company enjoys a robust market position. Deltech's core competency lies in the production of specialty aromatic monomers, notably vinyl toluene, para-methyl styrene, and para-tertiary butyl styrene, where it maintains a global leadership position. These foundational materials serve as critical inputs for a wide range of industries, including coatings, composites, and construction. By integrating downstream resin production, Deltech offers a comprehensive solution set, enhancing its value proposition to customers.