The agricultural division will be called Corteva Agriscience, while the materials science company and specialty products divisions will be known as Dow and DuPont, respectively.
Materials Science is anticipated to separate by the end of the first quarter of 2019. Agriculture and Specialty Products are expected to separate by June 1, 2019.
“Our selection of these company names is a major milestone in the process of creating three, strong independent companies, and each name reflects the unique strengths and value proposition of the company it will represent,” DowDuPont CEO Ed Breen said. As we move forward, a critical part of our work will be to build and strengthen the global corporate brands that express the commitment we are making to our customers, employees, investors, and all of our stakeholders, to grow value through innovation.”
“The Dow and
Corteva Agriscience (pronounced: kohr-`teh-vah) – based on a combination of words meaning “heart” and “nature" – will be based in Wilmington, Del.
“In Corteva Agriscience, we bring together three businesses with deep connections and dedication to generations of farmers. Our new name reflects our commitment to enhancing their productivity as well as the health and well-being of the consumers they serve,” said James C. Collins, Jr., chief operating officer, Agriculture Division. “Our name reflects our purpose: enriching the lives of those who produce and those who consume, ensuring progress for generations to come. With the most balanced portfolio of products in the industry, nearly a century of agronomic expertise, and an unparalleled innovation engine, we are creating a new agriculture company that will work together with the entire food ecosystem to produce a secure supply of healthy food sustainably and efficiently.”
With more than
While Corteva Agriscience will be the corporate brand name upon the separation of the division from
The intended Materials Science company will be based in Midland, Mich.
“The Dow name and the Dow diamond have an extremely strong foundation from which we will grow and serve our customers. The iconic red diamond logo will serve as a point of continuity for all of our stakeholders as we build the most innovative, customer-centric, inclusive and sustainable materials science company in the world,” said Jim Fitterling, chief operation officer, Material Science Division. “We will continue Dow’s long history of innovation and be centered on Dow’s core values of respect for people, integrity, and protecting our planet.”
The intended Specialty Products company, also based in
“For more than 200 years, customers have looked to
Additional brand development work for the intended Materials Science company and the intended Specialty Products company is ongoing.
While certain product names will change at separation, many products within each intended company will continue be sold under their current, widely known brand names.