DowDuPont Announces Brand Names for Three Planned Independent Companies

DowDuPont™ announced the corporate brand names that each of its business divisions is planned to assume when they separate into independent companies as scheduled. According to this plan, the Agriculture division will be named Corteva Agriscience™, reflecting the objective of enriching the lives of producers and consumers. The Materials Science division will take the name Dow, preserving the brand name as the Dow diamond in recognition of the company's 121-year history of innovation and value creation. The Specialty Products division will become the new DuPont, advancing a 215-year legacy of science-based innovation aimed at transforming industries and daily life. While some product names will change upon separation, many products within each of the planned new companies will continue to be sold under existing, well-established brand names. DowDuPont Chairman and Chief Executive Officer Ed Breen stated: "The selection of these company names represents an important milestone in the process of establishing three strong and independent companies. Each company name reflects the unique strengths and value proposition of the company it will represent. Building and strengthening global corporate brands that demonstrate our commitment to creating value through innovation for our customers, employees, investors and all stakeholders will be a critical focus of our work in the period ahead." DowDuPont Board Chairman Andrew Liveris also commented: "The Dow and DuPont teams have made tremendous progress in just six months. Today's announcement is further evidence of the value-creation potential of this historic merger and separation transaction. We are focused most on unlocking improved cost and growth synergies, delivering on our commitments regarding growth investments and innovation structure, and splitting into three industry-leading companies in accordance with the accelerated timeline we recently announced."

Agriculture Division to Combine "Heart" and "Nature"

When separated as an independent company, the Agriculture business, which will have its headquarters in Wilmington, Delaware, will take the name Corteva Agriscience, derived from two words meaning "heart" and "nature." With proforma revenues exceeding USD 14 billion in 2017 and proforma operating EBITDA of more than USD 2.6 billion in 2017, the Agriculture division possesses the world's most comprehensive and balanced seed and crop protection portfolio and a strong new product pipeline that will enable it to continue delivering tangible value to farmers both today and in the long term. James C. Collins, Jr., Chief Operating Officer of DowDuPont's Agriculture division, stated: "With Corteva Agriscience™, we are bringing together three businesses that have had deep connections with and commitment to farmers over generations. Our new name reflects our commitment to enhancing productivity for farmers and the health and well-being of the consumers they serve. Our name is a reflection of our purpose: enriching the lives of producers and consumers and ensuring continued progress for generations. With the most balanced product portfolio in the industry, scientific agriculture expertise spanning nearly a century, and an unparalleled innovation engine, we are creating a new agriculture company that will work across the entire food ecosystem to produce a secure, healthy food supply in a sustainable and productive manner."

Materials Science Division to Continue Dow's Deep Innovation Heritage

Jim Fitterling, Chief Operating Officer of DowDuPont's Materials Science division, stated regarding the Materials Science company planned to be based in Midland, Michigan: "The Dow name and Dow diamond rest on an extremely strong foundation. We will grow from this foundation while serving our customers. The iconic red diamond logo will provide continuity for all our stakeholders as we build the world's most innovative, customer-focused, inclusive and sustainable materials science company. We will continue Dow's deep history of innovation, anchoring ourselves in Dow's core values of respect for people, integrity and protecting our planet." With proforma revenues of approximately USD 44 billion in 2017 and proforma operating EBITDA of more than USD 9.1 billion in 2017, the Materials Science division, as a premier provider of materials science solutions, is drawing on its strong positions in integration and innovation to focus on three high-growth markets: packaging, infrastructure and consumer care.

Specialty Products Company to Carry DuPont Name into the Future

The Specialty Products company, headquartered in Wilmington, Delaware, will operate as the new DuPont, reflecting the power of technology-driven specialty businesses with highly differentiated products and solutions that transform industries and daily life. Marc Doyle, Chief Operating Officer of DowDuPont's Specialty Products division, stated: "For more than 200 years, customers have come to DuPont to help turn their best ideas into real-world products. Drawing strength from the expertise and assets we have inherited from Dow and DuPont, we are creating a premier specialty products leader that is innovation-driven and delivers the fundamental advances our customers (and the world) need to thrive. We are incredibly proud that this company will carry the DuPont™ name into the future."