The hottest dowdupont is Dow Chemical, its spin of

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Dowdupont filed a registration statement for its spin off company Dow Chemical

on September 7, dowdupont filed a registration statement with the U.S. Securities and Exchange Commission (SEC), planning to split its materials business into Dow Chemical. Dow Chemical predicts that the securities and Exchange Commission (SEC) will announce the entry into force of form 10 in the first quarter of 2019, so that the spin off company will leave dowdupont before April 1, 2019

the split Dow Chemical Company's business, with a sales volume of $44.7 billion in 2017, will include six global business units, which will test the water cement ratio by the method of strength, and serve three vertical markets: consumer care, infrastructure and packaging. As part of dowdupont, this business is roughly consistent with the current report of Dow materials

Jim fittering, CEO of Dow, said, "the form 10 document is an important step towards the creation of a new Dow company. The new Dow company will become a more focused and flexible solution provider, which can innovate and develop customers quickly and effectively in our target vertical market." Dow is expected to update the document in the coming months and provide more details on capital structure, dividend policy and governance. According to documents, Dow Chemical will employ about 37000 employees after the split. New Dow expects sales of $44.7 billion in 2017 and pre tax income of $1.3 billion, including $2.7 billion in integration and separation costs

the new Dow Chemical products include most traditional Dow chemicals, but do not include agricultural chemicals and some special chemicals. DuPont's ethylene and ethylene copolymer business has been transferred to dow. Dow's subsidiary business of crop protection and planting has a wide range of investment, high technology content and broad market prospects. It is merging with DuPont's agricultural business to establish corteva Agriscience company, which will be split into an independent company at the end of the second quarter of 2019. Corteva Agriscience plans to submit form 10 documents in October

Dow Chemical has transferred some special chemical assets to DuPont, including electronic chemicals; Some business of silicone resin; And other special chemical production lines, including automotive adhesives and liquids, construction solutions, water treatment and process solutions, pharmaceutical and food solutions, and biocides

Howard Ungerleider, chief financial officer of dowdupont and Dow, which has great configuration flexibility, said: "this preliminary application document highlights that new Dow Chemical will have strong financial and operational strength after the spin off. It also stressed that our focus is to promote profit growth, increase return on investment capital, and improve free cash flow."

packaging and specialty plastics business, with sales of $22.5 billion in 2017, including Dow's hydrocarbon and energy business, and packaging and specialty plastics business. Industrial intermediates and infrastructure, with sales of $13billion in 2017, including industrial solutions, polyurethane and chlor alkali/vinyl. Performance materials and coatings, with sales of $8.8 billion in 2017, includes coatings and performance monomers and consumer solutions

dowdupont announced some report changes on September 6, which will take effect in the third quarter of 2018. Dow's construction chemicals business has been merged with polyurethane and chlor alkali/vinyl businesses. Some product lines related to the oil and gas industry have shifted from industrial solutions to Dow polyurethane and chlor alkali/vinyl businesses

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