VS Partners Invested in DuPont Acquisition

An international consortium successfully completed the acquisition of the cleantech business of DuPont de Nemours, Inc., the world's leading cleantech provider.

VS Partners participated as the only asset allocator in the Consortium through a fund managed by Asia Green Fund, a leading green impact investment fund. Besides AGF, the Consortium was also spearheaded by BroadPeak Global LP from US and Saudi Arabian Industrial Investments Company.

Following the acquisition, DuPont Clean Technologies was officially renamed Elessent Clean Technologies. As a stand-alone company with all the patents and technologies of its predecessor, Elessent continues to serve thousands of industrial customers in over 20 countries and markets in North America, Asia Pacific, Europe, the Middle East, and Latin America.

Elessent is the global leader in new materials and advanced manufacturing processes. As carbon neutrality and sustainable development have become a global consensus, lots of countries and markets are expected to further tighten environmental policies, benefiting the long-term growth for global clean technology and environmental technology industry.

Elessent's technologies possess great value and prospect for achieving sustainability and carbon neutrality goals in the metallurgical, fertilizer, chemical and petroleum refining sectors.

VS Partners advocates Invest for the betterment of the world. As a responsible global asset allocator, VS Partners aims to build an impact-minded portfolios including representative companies and fund managers with deep vertical know-how, contributing to the improvement of global environment and sustainable development.