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Hanwha Chemical eyeing Dow’s chlor-alkali assets

6:02 AM MDT | March 14, 2014

Hanwha Chemical (Seoul), a producer of chlor-alkali, polyethylene, and polyvinyl chloride and a major player in solar energy, is in the early stages of assessing the possibility of acquiring Dow Chemical’s North American chlor-alkali assets. Dow announced in December 2013 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. The chunk includes Dow’s North American chlor-alkali and vinyls assets, up to and including ethylene dichloride. Hanwha...

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