(Reuters) – Dow Chemical Co , looking to focus on high-margin businesses, said it plans to raise $ 1.5 billion from asset sales in the next 18 months and is seeking buyers for its polypropylene licensing and catalyst business and its plastics additives unit. The largest U.S. chemical maker said it has divested non-core businesses representing about $ 8 billion in revenue since 2009. "We are reviewing our entire portfolio and seeking even further opportunities to optimize value: selectively pruning assets that are no longer a strategic or financial fit … …
There are no comments yet. Why not be the first to speak your mind.