Corporate and M&A

Huafon Group acquires DuPont Biomaterials, relaunches as Covation Biomaterials

2 June 2022

Following the completion of the purchase from DuPont for approximately $240 million, the Chinese Huafon Group has reincorporated former DuPont Biomaterials as a stand-alone company under the name Covation Biomaterials headquartered in the U.S. state of Delaware. Covation aims to create sustainable building blocks for customers to make innovative bio-based ...

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