Water sector investment
Who is DuPont Water Solutions? What happened with the merge and subsequent demerge of the businesses? What does the future hold for the new water business under the DuPont portfolio?
In a three-part thought leadership video series addressing the past, the present and the future of the business, Aquatech Global Events set out to find out the answers to these questions.
The first interview features Alexander Lane, commercial director of DuPont Water Solutions.
Lane said: “DuPont is very interested in the water market. They have put a lot of investment in helping us to grow.”
Dow and DuPont successfully completed a merger on September 1 2017, creating the largest chemical conglomerate in the world, DowDuPont, generating $86 billion in sales in 2018.
The merged company was then subsequently split into three separate, pure-play businesses: agricultural company, Corteva; Dow as a standalone materials company and finally speciality industrials company, DuPont Safety & Construction.
The latter houses the former Dow Water & Process Solutions, now called DuPont Water Solutions.
inge kickstarts investment plan
During the interview, Lane said: “DuPont has challenged us to grow in a short space of time so we have set about that challenge with relish. We’re looking to bring a lot more than the heritage Dow water solutions business as DuPont Water Solutions.”
Kickstarting the company’s investment and growth plan was the recent agreement to buy the ultrafiltration (UF) membrane business from German chemical company, BASF, for an undisclosed sum.
The divesture from BASF included the shares of inge GmbH, the business’ international sales force, its headquarters and production site in Greifenberg, Germany, and certain intellectual property currently owned by BASF SE.
“This technology in combination with inge’s expert team further broadens our portfolio and enhances our ability to design tailored, integrated solutions for drinking water, industrial and waste water treatment applications globally,” said Rose Lee, president of DuPont Safety & Construction.