Chemical Week Magazine :: Newsbriefs
Dow may divest epoxies and chlorine derivatives
4:10 PM MDT | July 26, 2013
Dow announced in its earnings call on 25 July that it is evaluating strategic options for underperforming businesses, specifically epoxies, chlorine derivatives, and building and construction outside North America, which together represent $6 billion in annual revenue. “We see the need for more dramatic interventions,” Andrew Liveris, Dow chairman and CEO, said. “Therefore, these businesses are in the fix-take action mode, which includes exploring all possibilities, including joint venturing or divesting them.” Liveris noted Dow’s...
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