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Dow carves out $5 billion in chlor-alkali and epoxy assets for disposal

11:35 AM MST | December 2, 2013 | Clay Boswell

Dow Chemical is carving out a $5-billion chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin, noncyclical activities, Dow announced on 2 December. Over 40 manufacturing facilities at 11 sites and nearly 2,000 employees will be affected. The assets are to be split into three units: epoxy, chlorinated organics, and North American chlor-alkali and vinyl....

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Comments (2) for Dow carves out $5 billion in chlor-alkali and epoxy assets for disposal
1.
Does this mean that Dow is about to come out of the epoxy business altogether ?
Posted by sirelkhatim on Monday, December 2, 2013 @ 11:20 PM
2.
Sirelkhatim:

Nothing is final but Dow is positioning its epoxy business for an eventual separation via options such as a sale, spin off or joint venture.
Posted by EDITOR-IHS CW on Tuesday, December 3, 2013 @ 08:12 AM










 
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