On 3 October 2019, DuPont announced the acquisition of the Evoqua Water Technologies’ MEMCOR® business line. Memcor is a vertically integrated membrane supplier to the municipal and industrial markets, including polyvinylidene fluoride (PVDF) membranes and membrane bioreactor (MBR) systems, a wastewater application for membrane-based treatment. Memcor began operations in 1987 and was eventually acquired by US Filter in 1998, the predecessor to what is now Evoqua.
More recently, DuPont’s water business has undergone reorganization, shaped by the Dow-DuPont merger and subsequent breakup into three chemical companies.
In this Research Note, Bluefield analyzes:
- How DuPont’s M&A activity strengthens its position in the membrane market
- Systems supply capabilities from Memcor
- Signals of change for DuPont’s water business