Dow Chemical to sell assets to Arkema for $50 million

08/3/2009 | Forbes

Dow Chemical, under a Federal Trade Commission mandate to divest some assets it acquired in a $16.5 billion buyout of Rohm & Haas, says it is selling an acrylic acid and esters plant in Clear Creek, Texas, along with a specialty-latex business, to Arkema for $50 million. Dow said last week it has about $26 billion in assets it could divest and that it struck agreements in the second quarter to sell about $3.3 billion in assets.

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