The Dow Chemical Company divested its global Polypropylene business to Braskem as of September 30, 2011. The assets involved in the transaction include Dow’s polypropylene manufacturing facilities at Schkopau and Wesseling, Germany, and Freeport and Seadrift, Texas.
Dow’s Polypropylene Licensing & Catalyst business and related catalyst facilities were not part of the transaction.
Braskem will honor customer and supplier contracts and related agreements. Both companies are committed to working together for a seamless transition to all stakeholders.
For more information about the transaction, please click on this link: http://www.businesswire.com/news/dow/20110727006633/en
Contact and Website information for Braskem:
|Phone Number:||+1 215 841 3100|