Nov. 07, 2002-Wilmington, DE–DuPont has completed the acquisition of ChemFirst Inc. in a cash merger with a ChemFirst price/share of US$29.20 and a total transaction value of approximately US$400 million.
ChemFirst includes two semiconductor fabrication materials businesses and a chemical intermediates business. The two semiconductor fabrication businesses will operate as EKC Technology and Electronic Polymers. The chemical intermediates unit will operate as First Chemical Corp.
EKC Technology and Electronic Polymers join the DuPont Electronic Technologies business unit of the DuPont Electronic & Communication Technologies growth platform. First Chemical Corp. becomes a part of the DuPont Chemical Solutions Enterprise in the DuPont Safety & Protection growth platform.