Updated: 12/18/2014 6:15 P.M.
More big changes on the way for DuPont Washington Works: its Performance Chemicals division next year will have new owners.
Washington Works manager Bob Fehrenbacher says the Performance Chemicals unit is being spun off as a separate company named Chemours.
The change happens July first, affecting close to half of the plant's 1,600 employees. That means roughly half of them will be working for Chemours beginning July 1,2015.
DuPont made the announcement late Thursday.
Fehrenbacher says Chemours will have separate management and operate as its own business, sharing only utilities with DuPont.
This is the second major change at Washington Works in the past year.
Its Butacite division was sold to a Japanese company in 2013.
The DuPont corporation is considering selling or spinning-off its performance chemicals division.
The company made the announcement a day after reporting a twelve percent drop in its second quarter earnings.
In a company statement, DuPont says it's considering ways to provide growth options for its shareholders.
Robin Stemple, spokeswoman for DuPont Washington Works, says products are made at the plant for the performance chemicals division-as well as for other du-pont divisions.
Stemple added it's too early to speculate what that might mean for the local plant.
Washington Works is one of the area's largest private employers and is celebrating its 65th anniversary this month.
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