1 September 2017
DETAILS
* Company Moves Forward Toward Intended Separation
into Industry-Leading, Publicly Traded Companies in
** Agriculture,
** Materials Science and
** Specialty Products;
* Separations Expected to Occur Within 18 Months
(NYSE:DWDP) today announced
the successful completion of the merger of equals
between The Dow Chemical Company (“Dow”)
and E.I. du Pont de Nemours & Company (“DuPont”),
effective Aug. 31, 2017.
The combined entity is operating as a holding company
under the name “DowDuPont™”
with three divisions –
1. Agriculture,
2. Materials Science and
Unlocking Value for All Stakeholders
By merging the highly complementary portfolios
of Dow and DuPont and subsequently creating
intended industry leaders,
DowDuPont expects
to maximize value
for all its stakeholders.
• Shareholders are expected to benefit from
the stronger, focused investment profile
of each intended company and substantial cost synergies,
as well as from long-term growth
and sustainable value creation following
the intended separations into three independent companies.
The transaction is expected to result in
run-rate cost synergies of approximately $3 billion
and the potential for
approximately $1 billion in growth synergies.
The company expects to reach 100 percent run rate
on the cost synergies within
the first 24 months of merger closing.
• Customers will benefit from superior solutions
and expanded product offerings.
By combining the complementary strengths
of Dow and DuPont, each intended company
will be able to respond faster and more effectively
to rapidly changing conditions
with innovative products and greater choice. 3
• Employees will benefit from being part
of these intended highly focused and competitive
industry leaders, built for sustainable, long-term growth
– which will create opportunities
for our businesses and opportunities for our people.
For more information, please visit us at www.dow-dupont.com.
Investors
Neal Sheorey
nrsheorey@dow.com
+1 989-636-6347
Greg Friedman
greg.friedman@dupont.com
+1 302-774-4994
Media
Rachelle Schikorra
ryschikorra@dow.com
+1 989-638-4090
Dan Turner
daniel.a.turner@dupont.com
+1 302-996-8372
WWW.CHEMWINFO.COM BY KHUN PHICHAI
