DOW to Sell Flexible Packaging Laminating Adhesives Business
Dow Inc. (DOW) recently stated that it has agreed to sell its flexible packaging laminating adhesives business, which is part of Dow's Packaging & Specialty Plastics unit, to Arkema, a specialty materials company.This deal allows the company to focus even more on core, high-value downstream operations. The proceeds from this transaction will go toward Dow's capital allocation goals, which include advancing growth initiatives and creating long-term shareholder value.Arkema will acquire five manufacturing fac ...