Nutrition & Health and Industrial Biosciences, both business units within the DowDuPont Specialty Products Division, will soon combine into a $6.2 billion business division called Nutrition & Biosciences. Nutrition & Biosciences will be active globally in specialty food ingredients, dietary supplements, pharmaceutical excipients, household and personal care, animal nutrition, and biotechnology fields.
Matthias Heinzel, who was president of Nutrition & Health, will become president of Nutrition & Biosciences, which will be based in Copenhagen and have over 10,000 employees, 70 manufacturing sites and 25 innovation centers. Combined, Nutrition & Health and Industrial Biosciences had $6.2 billion in revenue in 2018.
DowDuPont merging 2 business units
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