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DuPont to Sell Division

The company will part with its protective coatings product lines.
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DuPont

(DD)

is planning to sell its protective coatings product lines and related assets to the Sika group, a Swiss company that supplies the specialty chemicals markets.

Financial details of the sale, which is expected to be effective by year-end, weren't disclosed. The sale is subject to regulatory approval.

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DuPont's protective coatings division makes products designed to protect concrete, steel and other materials from corrosion, water, fire and environmental forces.