IHS Chemical Week

Dow increases divestiture target to $4.5-$6 billion

12:04 PM MDT | March 19, 2014

Dow Chemical said today at an investor meeting in Saudi Arabia that it has increased its asset sales target by $1.5-$2 billion, lifting expected proceeds to $4.5-$6 billion. This target includes the previously announced divestment of chlor-alkali and epoxy chain businesses. Dow says it expects pre-tax proceeds of $3-$4 billion from the divestment of those businesses, which is expected to be completed by the end of 2015. Dow says it expects to generate a further $1.5-$2 billion in pre-tax proceeds from divestment of other "non-strategic businesses." The successful...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Username:
Password:

Forgot your user ID or password? Click here to have it sent to you.

 

 

If you are not yet a subscriber and would like to access the turnkey information found only in Chemweek’s Business Daily, subscribe now and you’ll get the most important news of the chemical industry delivered directly to your inbox—every day.

Sign up for a FREE 15-day trial of IHS Chemical Week Business Daily













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa