According to the terms of the cost-sharing arrangement, DuPont and Corteva together, on one hand, and Chemours, on the other hand, agree to a 50-50 split of certain qualified expenses incurred over a term not to exceed 20 years or $4 billion of qualified spend and escrow contributions in the aggregate.
Along with the new name, the company’s focus is to strengthen its portfolio and services to provide cutting-edge expertise and more advanced application-driven sensor technologies and solutions.
The transaction is designed to enhance Trinity’s capabilities, particularly in the area of land use planning for major projects, and represents new operational locations in Ventura, San Diego, and Oregon.
The ratio of the electrical input power of a reference fan to the electrical input power of an actual fan at a given duty point (airflow, pressure, and air density), FEI considers motors and drives, not just fans, which makes it consistent with new efficiency metrics for pumps and air compressors.