MIDLAND, Mich.: The Dow Chemical Company has reached an agreement to sell its global ethylene acrylic acid (EAA) copolymers and ionomers business to SK Global Chemical Co. Ltd., a subsidiary of SK Innovation, as a part of the ongoing regulatory approval process for the proposed Dow and DuPont merger transaction. The divestiture will be conditioned on Dow and DuPont closing their merger transaction, in addition to other closing conditions, including regulatory filings, local employment law and governance obligations.
Dow is a leading producer of EAA copolymers, which it markets under the PRIMACOR brand as part of Dow’s Packaging and Specialty Plastics business. The divestiture agreement includes production assets located in Freeport, Texas, and Tarragona, Spain, along with associated intellectual property and product trademarks.
For more information, visit www.Dow.com or call (989) 638-4090.