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Markets :: Basic Chemicals :: Petrochemicals :: Propylene

Dow details $1.5-billion divestiture plan

12:47 PM MDT | March 14, 2013 | Vincent Valk

Dow Chemical says it plans to divest up to $1.5 billion worth of businesses over the next 18 months, including its polypropylene licensing and catalysts business and its plastic additives business. The polypropylene licensing and catalysts unit sells polypropylene production technology, including Unipol process technology and catalysts. The plastic additives unit sells additives for construction materials, packaging, consumer appliances, and other plastic applications.   The polypropylene licensing and catalysts business is a part of Dow’s performance...

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