The joint venture provides a wide offering of brush filaments to meet the needs of customers worldwide, company executives said. Terms of the transaction were not disclosed.
The new enterprise is structured with three regional operating companies, each owned 70% by DuPont and 30% by Wuxi Xingda. The operating companies are DuPont Xingda Fila-ments Col. Ltd. in Wuxi, China; DuPont Filaments-Europe BV in Landgraaf, The Netherlands and DuPont Filaments-Americas, LLC in Wilmington, DE.
DuPont brands such as Tynex, Tynex A, Chinex and Orel filaments are key components of the product offering.