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DuPont Textiles & Interiors (DTI) changes its name to Invista to better differentiate it from parent company DuPont. Steve McCracken, president of DTI, will stay on as president of Invista.
In February 2002 DuPont first announced the creation of DTI as a wholly-owned subsidiary and its intention to separate it from DuPont. Last August DTI said it was in exclusive negotiations with subsidiaries of Koch Industries Inc. regarding the sale of the company.
