A farmer sprays his crop of spring barley near Killavullen, Co. Cork. PIC: DOL
ADVERTISEMENT
DowDuPont has announced it will break itself up into three independently traded companies from the middle of 2019. DowDuPont was only formed in September last year after the two US giants Dow Chemicals and DuPont received regulatory clearance to go ahead with a $130bn (€106bn) merger.
In an announcement this week, DowDuPont said it would break itself up and spin off its agricultural division, materials science division and speciality products division into three separate companies.
DowDuPont said its agriculture division, which includes its agrochemical and seeds business, will be spun off as a new entity known as Corteva Agriscience.
ADVERTISEMENT
The group will spin off its materials science division into a new company called Dow, while its speciality products division will be known as DuPont. The company said it expects the spin-offs to be completed by June 2019.
Corteva Agrisciences will control some of the best known brands in the agricultural seed and chemical input sector such as Pioneer, Mycogen and Quelex.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
DowDuPont has announced it will break itself up into three independently traded companies from the middle of 2019. DowDuPont was only formed in September last year after the two US giants Dow Chemicals and DuPont received regulatory clearance to go ahead with a $130bn (€106bn) merger.
In an announcement this week, DowDuPont said it would break itself up and spin off its agricultural division, materials science division and speciality products division into three separate companies.
DowDuPont said its agriculture division, which includes its agrochemical and seeds business, will be spun off as a new entity known as Corteva Agriscience.
The group will spin off its materials science division into a new company called Dow, while its speciality products division will be known as DuPont. The company said it expects the spin-offs to be completed by June 2019.
Corteva Agrisciences will control some of the best known brands in the agricultural seed and chemical input sector such as Pioneer, Mycogen and Quelex.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS