11.05.2015 • News

Dow Completes Buyout of ExxonMobil’s Univation Stake

Dow Chemical has acquired ExxonMobil Chemical's share of US technology licensor Univation Technologies for an undisclosed sum. The deal was announced in October 2014.

Previously a 50:50 joint venture of the two US groups, Univation licenses the widely used Unipol polyethylene process and also is a leading manufacturer of catalysts for the process, which permits plant operators to swing between production of linear low density and high density PE grades.

The technology firm also develops and supplies catalysts, including UCAT Conventional, Acclaim Advanced Unimodal, XCAT metallocene and Prodigy bimodal catalysts.

Dow said the purchase of its partner's stake reflects its strategic focus on investing in businesses with strong competitive positions in attractive markets.

Univation Technologies will operate in future as a wholly-owned subsidiary of Dow, led by its president, Steve Stanley, and will continue to be based in Houston, Texas.

Interview

Driving Sustainability Through Collaboration
Building Green Practices Across the Chemical Supply Chain

Driving Sustainability Through Collaboration

Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

Interview

Leading Transformation
The Path to Sustainable Growth

Leading Transformation

As Executive Vice President of International Chemicals since early 2024, Antje Gerber has been steering Sasol through a pivotal reset—focused on resilience, innovation, and bold sustainability goals.

Top-Feature

most read