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What would it be like if Dow and DuPont merged? 2015-12-10 On December 8, 2015, according to The Wall Street Journal, two world-class chemical companies, Dow Chemical and DuPont, were in advanced talks regarding a potential merger. According to Yahuazheng Consulting’s data, based on chemical sales in 2014, Dow Chemical ranked second in the world and first in the United States ; DuPont ranks eighth in the world and third in the United States. These two U.S.-listed chemical giants have market values that are very close to each other, at around $60 billion each. According to people familiar with the matter, Dow’s CEO Andrew Liveris is expected to become the executive chairman of the new company, while DuPont’s current CEO Edward Breen will continue in his role as CEO. According to Dealogic, as of now in 2015, the total value of corporate mergers worldwide was approximately $4.35 trillion in terms of acquisitions, representing the highest level of transactions since 2007. Yahua Consulting believes that if Dow DuPont were to merge in reality, it would mean the following: 1. It would be the largest merger of 2015. A company with a market value of over 100 billion will be created, holding a leading position worldwide in the fields of materials science, specialty chemicals, and agriculture. 2. This will be the merger of the two oldest chemical companies in the world. Dow was founded in 1897, with its headquarters in Midland, Michigan, United States. DuPont was founded in 1802, with its headquarters in Wilmington, Delaware, United States. 3. In terms of sales volume, it will become the largest chemical company in the world. Surpassing the current leader, Germany’s BASF company. Ranking of the Top 10 Global Chemical Companies in 2015: Company Rank **Chemical Sales (in billion US dollars) 1 BASF, Germany – 787 2 Dow Chemical, United States – 582 3 Sinopec, China – 580 4 SABIC, Saudi Arabia – 433 5 ExxonMobil, United States – 382 6 Formosa Plastics, Taiwan, China – 371 7 LyondellBasell, Netherlands – 348 8 DuPont, United States – 299 9 Ineos, Switzerland – 297 10 Bayer, Germany – 281 Compiled by Yahuaxun Consulting: http://www.chinacoalchem.com/news.asp?id=60665
Revised poem: I watch the world’s changes with care; once again, I see flowers bloom and wither. Only the clouds move freely; as tides rise and fall, I stroll leisurely in the courtyard.