(Reuters) – DowDuPont Inc said on Monday it had completed the spin-off of its materials science division as part of a plan to split the chemical producer into three separate units.
Shares of the new division, , will begin trading on the New York Stock Exchange on Tuesday.
Dow and Dupont completed a $130 billion merger in 2017 to form DowDuPont and had outlined a plan to create three separately traded companies focusing on agriculture, plastics and specialty products.
Corteva, the agriculture unit, is set to separate from the new specialty chemical maker DuPont (NYSE:) on June 1.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.