TITLE

Dow styrenics JV comes closer to asset light goal

PUB. DATE
April 2007
SOURCE
ICIS Chemical Business;4/16/2007, Vol. 2 Issue 62, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the creation of a styrene and polystyrene (PS) joint venture between Dow Chemical and Chevron Phillips Chemical that will cover the U.S. The deal is a cashless merger of selected assets. The move is part of Dow Chemical's asset light strategy, designed to address issues in Dow's commodity chemicals segments. It will also commit six PS plants, four in the U.S. and one each in Brazil and Colombia.
ACCESSION #
24857279

 

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