Operating in three business areas: agriculture, materials science, and specialty products.

DowDuPont (DWDP) announced that the merger of equals between Dow Chemical and DuPont was successfully completed as of August 31.

The merged company will operate as a holding company named “DowDuPont™” and will have three business sectors: agriculture, materials science, and specialty products.

Andrew Liveris, Chairman and CEO of DowDuPont, stated, “Today marks a significant milestone in the rich history of our two companies. We are thrilled to complete this transformative merger and establish three independent, publicly traded companies that will lead the industry. While our shared heritage and strengths are exceptional, the true value of this merger lies in creating three industry powerhouses. They will define their respective markets and drive growth for the benefit of all shareholders. Our teams have dedicated over a year to planning this integration. The plan is currently being executed successfully, and we intend to complete the separation as quickly as possible.”

“For our shareholders, customers, and employees, the completion of this transaction is a firm step toward greater value and opportunity through a future based on sustainable growth and innovation. DowDuPont is the springboard for the leap forward of the three powerful companies we aim to build.” “They will be better positioned to reinvest in science and innovation, solve the ever-evolving challenges of our customers, and generate long-term returns for our shareholders. Now that the merger is complete, our focus is on finalizing the organizational structure that will serve as the foundation for the three powerful companies we intend to establish and securing the synergies to unleash their value. Each of the established companies will be equipped with the ability to compete successfully as an industry leader through a clear focus, market visibility, and more productive research and development,” he said.