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Dow to Exit HAA Market
12:14 PM MST | November 13, 2007 | CW Editorial Staff
Dow Chemical says it will halt production and marketing of hydroxyalkyl acrylates (HAA) by year-end because the company’s HAA market competitiveness has “significantly” deteriorated due to high raw material costs, industry overcapacity, and declining demand with a shift to low-acid HAA products. “After carefully reviewing our options, we believe that we can generate more value by directing our resources and capital towards other promising growth initiatives that better fit with Dow’s emphasis on more innovative products and...
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