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DOW to Sell Flexible Packaging Laminating Adhesives Business
DowDow(US:DOW) Zacks Investment Research·2024-05-08 21:25

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 ...