You are here

Dow Chemical to sell most chlorine assets in US$5b deal

Midland, Michigan

DOW Chemical Co will separate a portion of its century-old chlorine business and sell it to Olin Corp in a tax-efficient deal worth US$5 billion as part of efforts to shed low-margin assets.

The deal will make smaller rival Olin the world's largest producer of...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to