DowDuPont clears Chinese regulators | Chemical & Engineering News
Volume 95 Issue 19 | p. 12 | Concentrates
Issue Date: May 8, 2017

DowDuPont clears Chinese regulators

Department: Business
Keywords: agriculture, mergers & acquisitions, Dow, DuPont, China, antitrust

In another step toward its completion, the merger of Dow Chemical and DuPont has cleared antitrust review in China. Most of the concessions requested by China’s Ministry of Commerce were also the European Commission’s conditions for approval. To satisfy the EC, DuPont is selling a large part of its crop protection business, as well as agricultural R&D operations, to FMC. Dow is selling its ethylene acrylic acid copolymers business to South Korea’s SK. Specific to China, authorities want Dow and DuPont to make five-year commitments related to the distribution of herbicides and insecticides for rice crops. The companies expect to complete the merger in August.

 
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