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On June 1, 2022, Beijing time, Huafon Group formally completed the delivery of the related business and technology of bio-based products spun off by DuPont of the United States. This is by far the largest overseas M&A transaction of Huafon Group.
This time Huafon Group acquired the assets of DuPont's business, mainly including its two production bases in the United States. One is DuPont's joint venture production base in Tennessee, USA, which owns two world-renowned brands Susterra® and Zemea®. Its main business is to develop, produce and se
