The Dow Chemical Co. recently announced an increased divestiture target aligned to further enhance the value of its portfolio and support the company’s market-driven, integrated strategy.
On track to complete its goal of realizing $4.5-6 billion in proceeds by year-end 2015, and with additional portfolio management actions under way, Dow is now increasing its divestiture target to $7-8.5 billion to be complete by mid-2016. Since 2013, the company has reportedly generated $2.5 billion in proceeds, reallocating this capital to remunerate shareholders, fund growth and reduce debt.