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People & Business :: Earnings/Finance

Dow Chemical details $1.5-billion divestiture plan

11:00 AM MDT | March 19, 2013 | —Vincent Valk

Dow Chemical says it plans to raise as much as $1.5 billion from divestitures over the next 18 months, including sales of its polypropylene licensing and catalysts business and plastic additives business. The polypropylene licensing and catalysts unit sells polypropylene (PP) production technology, including Unipol process technology and catalysts. The plastic additives sells additives for the processing and modification of thermoplastic and thermosetting resins used in construction materials, packaging, consumer appliances, and other applications. Dow announced...

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