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News Breaks | | | | March 14, 2013 | | 09:01 EDT |  | DOW | Dow Chemical targeting increased divestiture list of $1.5B over 18 months
The Dow Chemical Company announced additional actions to accelerate the company’s ongoing commitment to aggressive portfolio management, as outlined at its Investor Forum in December 2012. As a result of thorough, ongoing portfolio reviews in a slow-growth world, Dow is targeting an increased divestiture list of nearly $1.5B over the next 18 months. Further, the Company has identified two units that will be actively marketed for divestment: Dow’s Polypropylene Licensing and Catalysts business unit and its Plastics Additives business unit. These actions are the latest in a series of steps the Company has taken to further enhance Dow’s leadership position in high-margin, fast-growing end-markets, while simultaneously optimizing the value of assets. Since 2009, Dow has divested non-core businesses representing approximately $8B in revenue. | |
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News For DOW From The Last 14 Days Check below for free stories on DOW the last two weeks. |
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| June 17, 2013 | | 07:35 EDT | | DOW | Dow Chemical says main project financing completed for Sadara
 Subscribe for More Information | | | June 14, 2013 | | 08:23 EDT |  | DOW | Europe's petrochem industry threatened by U.S. plastics from gas, Reuters says
Subscribe for More Information | | | June 13, 2013 | | 10:14 EDT | | DOW | Chemical makers mixed after DuPont trims guidance
Shares of chemical makers are mixed after one of the companies in the sector, DuPont (DD), provided lower than expected second quarter guidance. WHAT'S NEW: DuPont provided second quarter earnings per share guidance that was below analysts' expectations. The company explained that its agriculture and nutrition and health units had been hurt by unseasonably cool, wet weather in North America and Europe. DuPont now expects its fiscal 2013 earning per share to be at the low end of its previous guidance range of $3.85-$4.05, the company said. PRICE ACTION: In mid-morning trading, DuPont lost 0.4% to $54. OTHERS TO WATCH: Dow Chemical (DOW) was flat at $33.75, Huntsman (HUN) rose 1% to $18 and Ashland (ASH) added 0.2% to $85.67. | | | June 12, 2013 | | 07:25 EDT |  | DOW | Deutsche Bank to host a conference
Subscribe for More Information | | | June 10, 2013 | | 07:10 EDT | | DOW | Electric Drive Transportation Association to host annual meeting
2013 EDTA Conference & Annual Meeting is being held in Washington, D.C. on June 10-12. | | | June 7, 2013 | | 05:59 EDT | | DOW | Chemical firms attempt to limit Federal green building codes, Bloomberg reports
Chemical companies are lobbying Congress to limit government use of proposed, tougher green-building codes in the hope that alternative standards may be adopted, reports Bloomberg. The American Chemistry Council and other groups say the standards are veering into the trickier area of health policy and will stigmatize chemicals without providing much benefit. Reference Link | |
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