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Dow Chemical to sell some assetsqrcode

Mar. 26, 2014

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Mar. 26, 2014
Dow Chemical said it plans to sell an additional $1.5 billion to $2 billion of assets this year as it seeks to streamline operations.

Dow Chemical CEO Andrew Liveris said the company will shed old business lines it can no longer grow and focus on strengthening its positions in high-margin, high-growth sectors.

Dow has been under attack from activist investors pushing Dow to split off its petrochemical business from segments that make specialty chemicals for agriculture, food, pharmaceuticals and electronics.

Source: Dow

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