IHS Chemical Week

Regions :: Western Europe :: Netherlands

Dow Finds Buyers for Refinery Stake, Calcium Chloride Assets

4:46 PM MDT | May 21, 2009 | Nancy Seewald

Dow Chemical says it has agreed to sell its 45% stake in Total Raffinaderij Nederland, a Dutch refining partnership with Total, to Valero Energy for about $725 million. The deal is expected to close in the third quarter, pending regulatory approval as well as a right of first refusal by Total. Separately, Dow has agreed to sell its calcium chloride business to Occidental Petroleum's OxyChem unit for about $210 million. That deal, which is expected to close by the end of June, includes assets at Ludington, MI, as well as calcium chloride terminals and several...

This information is only available to Chemical Week subscribers.


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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




Comments (1) for Dow Finds Buyers for Refinery Stake, Calcium Chloride Assets
Andrew Liveris is certainly a focused CEO and has his
" plan " to take Dow into growth and more profitable areas, he should be teaching our Washington people about putting a plan together and how to implement one.
He's doing a great job for dow.
Posted by Ken Kensington on Wednesday, May 27, 2009 @ 08:27 AM

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

ihsCopyright © 2015 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