US chemical giant DuPont and Dow Chemical Company on December 11 announced the merger, the combined company will be named Dow, DuPont, with each holding 50% of the shares, the total market value of about $ 130 billion.
 
DuPont today announced that the transaction is expected to complete in the second half of 2016, then the company will be split into three separate listed companies were focused on agriculture, material science and specialty products research, split after the merger will be completed in 18 to 24 months after the start.
 
Liveris said the deal for the industry is subversive.
 
He said the past decade, our industry has experienced a variety of changes, challenges and opportunities we face is unprecedented, we have been hoping to DuPont and Dow both materials science industry leader combine this desire finally achieved.
 
DuPont and Dow Chemical announced the merger and reorganization. Once anti-monopoly law, which impede the successful merger, will become the world's largest chemical industry history together deals. The total market capitalization of the two companies reached $ 130 billion, will exceed one hundred million US dollars market value of more than 900 BASF, the world's number one in the chemical industry giants.