Dow completes the split from Dow DuPont

Dow completed its split from Dow DuPont on April 1 (EST) to become a more focused, efficient and industry-leading materials science company. New Dow is a global company that is a leader in the three focused consumer-driven markets of packaging, infrastructure, and consumer care. Dow has a stronger ability to drive revenue growth and innovate for customers, and will drive the progress of the chemical industry through its strengths in the three areas of ethylene, propylene and silicone

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Dow's common stock distribution was completed after the market closed on April 1 (EDT), and each Dow DuPont registered shareholder received one Dow common stock for each of the three Dow DuPont common shares held at the close of the stock market on March 21, 2019. Dow DuPont shareholders will receive cash for the remaining portion of the stock. Dow's common stock will begin trading on the New York Stock Exchange on April 2, 2019 (EDT), with the traditional "DOW" and will be added to the Dow Jones Industrial Average.
, chief executive of Dow, said: "Today, Dow has opened an exciting new chapter. We have made significant changes to Dow's business mix, cost structure and way of thinking. New Dow is a more focused and efficient company that creates long-term revenue growth and value for all stakeholders based on a clear strategic platform. Dow's team has the ability to achieve the company's ambitious goal of becoming the leading materials science company in innovation, customer orientation, inclusion and sustainability. We have established a well-established support system to increase our innovation speed, operational efficiency and invest more carefully to achieve creative growth in value, higher returns and higher shareholder value. "
, our customers, communities, investors and Dow's team celebrate this important milestone," said Howard Ungerleider, President and Chief Financial Officer of Dow. With a focused business mix, efficient cost structure, regulated capital allocation, and shareholder-friendly capital return structure, Dow has the best ability and team to drive operational and financial excellence. Mr.
Yulin Lin, President of Dow Greater China, said, "Greater China is Dow's largest overseas market in the world, and we have established a complete network based on our business organization, world-class manufacturing base and innovation base. Dow's strong capabilities in China will enable us to work perfectly with our customers to deliver sustainable solutions that will help transform China's packaging, infrastructure and consumer care industries. The
company will be named after the brand name Dow, reflecting the company's evolution into a provider of materials science solutions, while carrying on a long tradition. Dow will adopt its new brand slogan, Seek Together, a call to action that emphasizes the value of collaboration in providing innovative solutions for customers and value chains, and represents the way Dow seeks to work with all stakeholders as it achieves its goals. The Dow Diamond logo, which has been used for more than 120 years, remains unchanged and will continue to be a core element of the Dow brand.