Indiana based Cummins Inc in partnership with DuPont helping the nations shortage of N95 respirator masks. Cummins NanoNet and NanoForce Media technology, which uses DuPonts Hybrid Membrane Technology (HMT), can typically be found in air, fuel and lube filtration products used in heavy-duty diesel engines to prevent long-term engine wear, but also can be used in the N95 respirator masks worn by healthcare professionals.
- N95 respirator masks filter harmful airborne particles that can spread COVID-19.
- The need for N95 masks has skyrocketed in recent weeks in response to the COVID-19 pandemic.
- Many of the worlds leading mask manufacturers are in need of the critical materials to assemble the mask and are struggling to meet demand.
The major deals by DuPont and its subsidiary are featured below:
February 2020: South Korea based SK Siltron, announced that it has completed the acquisition of DuPonts Silicon Carbide Wafer (SiC Wafer) unit for $450 million. SK Siltron with this acquisition is expected to increase SiC wafers production and create additional jobs in the U.S. The primary site for the business is in Auburn, Michigan, about 120 miles north of Detroit.
- November 2019, DuPont Electronics & Imaging (E&I) sold its Compound Semiconductor Solutions (CSS) business to SK Siltron, a South Korea-based silicon wafer supplier to the semiconductor market.
- June 2019, SK Lubricants signed a supply contract with Chinas largest oil and gas producer, PetroChina for the supply of premium base oil product YUBASE Plus, which significantly improves low-temperature performance and volatility compared to other products.
DuPont is a world leader in technology-based materials, ingredients, and solutions that helps to transform industries and everyones life. The company delivers essential innovations to global customers in key markets, including electronics, transportation, construction, water, health and wellness, food, and worker safety.