DuPont (DD) said in a regulatory filing that it is aware of a report that the State Administration for Market Regulation of the People’s Republic of China — SAMR — has initiated an investigation in connection with the company’s Tyvek business. “DuPont takes this matter very seriously and is cooperating as appropriate with authorities,” the company adds, noting that DuPont Tyvek sales to China in full year 2024 were approximately $90M, less than 1% of DuPont’s 2024 consolidated net sales. The Fly notes that China Daily’s Cheng Yu reported that China’s State Administration for Market Regulation has launched a probe into DuPont China for suspected monopolistic practices.
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