Alpha Diallo
All posts from Alpha Diallo
Alpha Diallo in Alpha Diallo,

Dow Chemical Shifts Focus on High Margin Operations With Proposed Disposal of Commodities Unit

 (Image source: mlive)

The chemicals giant, Dow Chemical Company (NYSE:DOW) has hired advisers with the intention to disposal their commodities chemicals business in an outright sale or spinoff. The disposal announced today is part of a plan to sell assets in the range of $3 to $4 billion as a way to downsize or streamline operations. Down wants to be a simpler company that focuses on products with high margins and returns, instead of cyclical products such as commodities.  The commodities chemicals business encompasses chlorine production, brine operations, and epoxy segments, which generates about $5 billion in annual sales.