The “merger of equals” between The Dow Chemical Company (“Dow”) and E.I. du Pont de Nemours & Company (“DuPont”) became official on Friday, now operating as a holding company under the name “DowDuPont™” with three divisions – Agriculture, Materials Science and Specialty Products. Moving forward, DowDuPont intends to separate the divisions to stand within their own legal entities by the end of 2018.
The intended companies include a “leading Agriculture Company that brings together the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences to better serve growers around the world with a superior portfolio of solutions, greater choice and competitive price for value.”
The combined capabilities and highly productive innovation engine will enable the intended Agriculture Company to bring a broader suite of products to the market faster, so it can be an even better partner to growers, delivering innovation and helping them to increase their productivity and profitability. The intended Agriculture Company will be headquartered in Wilmington, Delaware, with global business centers in Johnston, Iowa, and Indianapolis, Indiana.