Dow Divests Acetone Derivatives DivisionAugust 14, 2019
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The deal includes production assets in Dow’s Institute, W.V. facility as well as site infrastructure, property, and utilities. Financial terms of the deal were not announced.
“This divestiture illustrates Dow’s disciplined approach to portfolio management with a best owner mindset,” said Jim Fitterling, Dow CEO. “It is beneficial to both parties and, in the case of Dow, is directly aligned with our more focused portfolio and goal of driving a higher return on invested capital.”
Dow Chemical Co. is a global science- and technology-based company that develops and manufactures a portfolio of chemical, plastic, and agricultural products and services. For more information, visit www.dow.com.