Dow Chemical to Focus Less on Big Projects, CFO Ungerleider Says

The video discusses the merger of Du Pont and Dow Chemicals, forming DowDuPont. It outlines the plan to split into three companies: New Dow, Corteva Agriscience, and a new DuPont. The focus is on creating streamlined companies with New Dow concentrating on material science. The strategy includes disciplined capital allocation, avoiding large projects, and focusing on lower-risk investments. The video also covers the current debt situation and the process of obtaining credit ratings for the new entities.

What is the planned capital allocation strategy for the new Dow?

What is the targeted credit rating for the new DuPont and Dow?