Dow has completed of the sale of styron division to Bain Capital for $1.63 billion. The company said it elected to retain a 7.5% equity position in Styron. Dow also said the closure has helped the company exceed its goal of divesting $5 billion in non-strategic assets,
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Compelling solutions through strategic partnerships
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
