DuPont Acquires Soy Protein Facility

DuPont, Wilmington, DE, has reached an agreement with Yun Meng County government to acquire the Wuhan, China-based Hubei Longyun Protein Food Group’s soy protein facility for $20 million. Known as DuPont Yun Meng Protein Company, the new food and nutrition venture will allow DuPont to meet growing demand for nutritious ingredients in higher value segments such as beverages, supplements and premium processed meat products.