DuPont and The Dow Chemical Co. today announced the U.S. site structure for the global agriculture leader the companies intend to create following the planned separation of DowDuPont into three independent, publicly traded companies.
The corporate headquarters for the Agriculture company will be located in Wilmington, Del., while sites in Johnston, Iowa, and Indianapolis will serve as Global Business Centers. In addition, the independent Agriculture company will feature DuPont in the company’s name, following completion of the corporate naming and branding process.
The Agriculture company will unite the seeds and crop protection businesses from DuPont and Dow. The combined entity is expected to have the most comprehensive and diverse portfolio in the industry. The complementary offerings will provide growers across geographies with a broad portfolio of solutions and greater choice.
Both parties continue to plan for the closing of the transaction during the second half of 2016, subject to satisfying the necessary closing conditions including obtaining the required pre-merger regulatory approvals.