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DuPont acquires reverse osmosis company

December 13/2019

MOSCOW (MRC) -- DuPont has reached a deal to acquire reverse osmosis company Desalitech, it said on Wednesday without disclosing financial terms, said the company.

The acquisition, expected to close in January, would strengthen DuPont's portfolio with a compelling offering to further reduce the lifecycle cost of water purification and reuse, it said.

"As a global leader in innovative water solutions, we are committed to delivering ways to solve water challenges around the world," said Rose Lee, President, DuPont Safety & Construction. "This acquisition in the high-growth water purification space reinforces our strategic intent to provide a robust portfolio of technologies to meet our customers' current and future challenges while advancing our corporate commitment to sustainability."

As MRC informed earlier, DuPont Teijin Films has launched a new depolymerisation process which upcycles post-consumer PET waste into technically-advanced BOPET films suitable for use in various applications.

As per MRC' DataScope,  import deliveries of Chinese injection moulded PET chips to the Russian market decreased in September this year by 72% compared to the same month last year - to 4,430 tonnes. The same indicator in August 2018 amounted to 15,640 tonnes. Shipments from China increased by 15% to 100,000 tonnes in the nine months of this year. The share of imports from China amounted to 90% against 86% for the same period last year. The leading Chinese suppliers to the Russian market were producers Yisheng, Wankai and Sinopec.

DuPont is a leader in water purification and separation technology including ultrafiltration, reverse osmosis and ion exchange resins. The FilmTec brand is recognized globally and known for consistent and reliable performance. Each of the acquisitions announced this year, including Desalitech, supports our strategy to drive growth and innovation through access to new manufacturing capabilities, geographies and technologies.

Desalitech's globally patented and unique process technology, using standardized design and operated using proprietary software, enhances DuPont's portfolio with a compelling offering to further reduce the lifecycle cost of water purification and reuse. Desalitech has proven the value of these systems to deliver up to 90-98 percent water recovery at more than 200 blue chip customers over the past seven years.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, petrochemistry, DuPont.
Category:General News
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