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DowDuPont slightly changes post-merger breakup plan

Staff Writer | September 12, 2017
DowDuPont, which was formed when chemical giants Dow Chemical and DuPont merged earlier this month, said it was making changes to its initial plans of how it would split up the company post merger.
Merger   $130-billion merger
The company now plans to move businesses totaling more than $8 billion in annual sales from its materials science division to the specialty-chemical unit.

The materials science division will account for more heritage Dow businesses and retain the Dow brand.

Dow and DuPont’s plan has been to split into agriculture, specialty chemicals and materials units after their $130-billion merger.

Under the new plan the company will shift its water, automotive systems, pharma & food and some other businesses from the material science division to the specialty products division, DowDuPont said on Tuesday.