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<oembed><version>1.0</version><provider_name>Beyond Pesticides Daily News Blog</provider_name><provider_url>https://beyondpesticides.org/dailynewsblog</provider_url><author_name>Beyond Pesticides</author_name><author_url>https://beyondpesticides.org/dailynewsblog/author/beyond-pesticides/</author_url><title>DuPont and Dow Merge to Become Biggest Pesticide Conglomerate - Beyond Pesticides Daily News Blog</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="Bgv3xeoZgz"&gt;&lt;a href="https://beyondpesticides.org/dailynewsblog/2015/12/dupont-and-dow-agrochemical-companies-merge/"&gt;DuPont and Dow Merge to Become Biggest Pesticide Conglomerate&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://beyondpesticides.org/dailynewsblog/2015/12/dupont-and-dow-agrochemical-companies-merge/embed/#?secret=Bgv3xeoZgz" width="600" height="338" title="&#x201C;DuPont and Dow Merge to Become Biggest Pesticide Conglomerate&#x201D; &#x2014; Beyond Pesticides Daily News Blog" data-secret="Bgv3xeoZgz" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>(Beyond Pesticides, December 14, 2015) Chemical giants DuPont and Dow Chemical Companies announced that their boards of directors unanimously approved a merger of their companies through an all-stock deal, valuing the combined market capitalization at $130 billion. According to the Washington Post, &#x201C;The combined company, analysts said, would be &#xA0;the world&#x2019;s largest seed and pesticide &#xA0;conglomerate, &#xA0;controlling &#xA0;17 percent of global pesticide sales &#xA0;and about 40 percent of &#xA0;America&#x2019;s corn-seed and soybean markets.&#x201D; The &#xA0;press release, states &#x201C;The combined company will be named DowDuPont. The parties intend to subsequently pursue a separation of DowDuPont into three independent, publicly traded companies through tax-free spin-offs. This would occur as soon as feasible, which is expected to be 18-24 months following the closing of the merger, subject to regulatory and board approval.&#x201D; The merger could revive attempts at consolidation between other big companies in the agrochemical industry. After the DowDuPont merger closes, the three businesses that the boards intend to separate are: Agriculture Company: &#x201C;Leading global pure-play agriculture company that unites DuPont&#x2019;s and Dow&#x2019;s seed and crop protection businesses.&#x201D; Revenue: $19 billion. Material Science Company: &#x201C;A pure-play industrial leader, consisting of DuPont&#x2019;s Performance Materials segment, as well as Dow&#x2019;s Performance Plastics, Performance Materials [&hellip;]</description><thumbnail_url>http://beyondpesticides.org/dailynewsblog/wp-content/uploads/2015/12/dowdupont-300x169.jpg</thumbnail_url></oembed>
