08 Jun 2016
Dow Chemical completes strategic ownership restructuring of Dow Corning
By Staff Writer
The Dow Chemical Company (Dow) announced on 1 June the successful completion of a transaction to restructure the ownership of Dow Corning. Dow is now 100 percent owner of Dow Corning’s silicones business, which had 2015 revenues of greater than US$4.5 billion and is expected to generate more than US$1 billion of annual EBITDA for Dow at full run-rate synergies.
