Du Pont to Buy Hercules’ Carpet Fiber Operations
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Associated Press
WILMINGTON, Del. — Du Pont Co. signed a letter of intent to purchase Hercules Inc.’s olefin carpet fiber business, doubling its share of the international market for the cheap commercial carpet fibers, a Du Pont spokesman announced.
The purchase price was not disclosed, said Tom McAndrews, director of the flooring systems division.
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