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People & Business :: M&A
Hanwha Chemical eyeing Dow's chlor-alkali assets in North America
2:45 AM MDT | March 12, 2014 | Natasha Alperowicz
Hanwha Chemical (Seoul), a producer of chlor-alkalis, polyethylene and polyvinyl chloride, as well as a major player in the solar energy, is in early stages of assessing the possibility of acquiring Dow Chemical’s North American chlor-alkali assets. Dow announced in December that it is carving out a $5-billion/year chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin noncyclical activities. These include Dow’s North American chlor-alkali and vinyls assets, up to and including ethylene...
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