USA, September 4, 2017: The merger between the Dow Chemical Company and E.I. DuPont de Nemours & Company have successfully completed the planned merger, the company said through a Press communiqué. The combined entity will now operate under the name of DowDuPont and will be split into three independent publicly traded companies.

Speaking on the occasion, Andrew Liveris, Executive Chairman of DowDuPont, said: “Today marks a significant milestone in the histories of our two companies. We are extremely excited to complete this transformational merger and move forward to create three independent, publicly traded companies. While our collective heritage and strength are impressive, the true value of this merger lies in the intended creation of three industry powerhouses that will define their markets and drive growth for the benefit of all stakeholders.”

Adding to Liveris’ comments, Edward Breen, CEO at DowDuPont, added: “For shareholders, customers and employees, closing this transaction is a definitive step towards unlocking higher value and greater opportunities through sustainable growth and innovation. With the merger now complete, our focus is on finalising the organisational structures that will be the foundations of these three companies and capturing the synergies to unlock value. With a clear focus, market visibility, and more productive research and development, each intended company would be equipped to compete successfully as an industry leader.”