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Dow Chemical lists commodity chemicals businesses for sale

Dow Chemical exits commodity chemicals
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Dow Chemical exits commodity chemicals

Dow Chemical identified the commodity chemicals businesses it would sell or spin off as part of a plan to sell assets worth $3 billion to $4 billion.

Dow, which has been looking to shed businesses exposed to commodity price swings, said these assets represent up to $5 billion of total annual revenue.

The assets identified include the company's chlorine and epoxy businesses and some brine and energy assets.

(Watch: DowChemical misses on top and bottom line)

By Reuters