Letters for Suppliers sent on Day 1 of the Dow DuPont merger of equals
September 1, 2017
Today, we announced the successful completion of the merger transaction between The Dow Chemical Company (“Dow”) and DuPont, to create DowDuPont™. The transaction is an extraordinary opportunity to deliver long-term, sustainable shareholder value through the combination of two highly complementary global leaders.
During the next few months, we will work diligently to put the new organization in place. In the meantime, there will be no immediate change in the way business is transacted. Please continue to work with your existing procurement contacts. They are there to help answer your questions on any transactional issues that should arise, and to keep you informed on the transaction progress. All legal entity names, mailing addresses, tax ID numbers and VAT numbers, remit-to information, invoice, bank account and payment information also are unchanged at this time.
As we move forward in the integration process, we plan to launch a series of strategic sourcing initiatives that will help us evaluate current supplier relationships. To achieve our cost targets, we need the collaboration of all of our key business partners, and given the increased volume, our business partners will be poised to share in the benefits of working with DowDuPont.
As new information becomes available, we will make every effort to keep you well informed. If you have any questions, please do not hesitate to call me. Thank you for your continued support.
DuPont Sourcing & Logistics