Dow Chemical is carving out its $5 billion chlor-alkali and epoxy assets, representing more than 40 manufacturing plants, as part its long-term plan to move away from cyclical commodity products. "Separating these business units will allow us to further optimize the way they can be operated," said Dow Chairman and CEO Andrew Liveris. "[W]e believe different owners will be able to extract maximum value from these highly competitive assets and their related markets," he added.

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