The subsequent breakup of DowDuPont into three companies is expected to occur 18-24 months after the merger closes.īreen said the three new companies that will be carved out of DowDuPont will have a clear focus, scale advantages, and focused investments in innovation. The merger is expected to close in the second half of 2016. “This merger of equals significantly enhances the growth profile for both companies, while driving value for all of our shareholders and our customers,” he added.
“This transaction is a game-changer for our industry,” said Liveris. Dow CEO Andrew Liveris will be executive chairman of the new company while DuPont CEO Edward Breen will be chief executive.
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