DowDuPont completed the merger of Dow Chemical Co. and DuPont Co. Aug. 31, creating what it calls three new industry-leading entities in agriculture, materials science and speciality products.
In a Sept. 1 statement by DowDuPont, the new company said three board-appointed advisory committees will oversee the establishment of each of the companies, with separation expected in 18 months.
The development will mark the birth of a material science spin-off, to be named Dow, which will consist of the businesses comprising the following current Dow operating segments: performance plastics; performance materials and chemicals; and infrastructure solutions and consumer solutions, which will include Dow automotive systems. DuPont’s current performance materials operating segment also will be added to the unit.
The company, to be based in Dow Chemical’s hometown of Midland, Michigan, USA, will offer chemistry and polymers toolkits in the industry.
The specialty products company will consist of market-leading businesses including DuPont protection solutions, sustainable solutions, industrial biosciences and nutrition and health, as well as electronic technologies. The company will be headquartered in Wilmington, Delaware, USA, the home base of DuPont.
(Photo: DuPont CEO Edward Breen with Dow CEO Andrew Liveris)