Dow reconfigures plastics portfolio


Dow Chemical discussed its attempt at "reshaping [its] plastics portfolio for long-term success" in its first-quarter 2011 earnings report, saying that it will pursue an end-market orientation for the business, targeting packaging, hygiene/medical, elastomers, and electrical and telecommunications.

Reviewing steps it has already taken, Dow noted that it placed its polyethylene terephthalate (PET) unit into a JV; divested its styrene monomer, polystyrene (PS), acrylonitrile butadiene styrene (ABS), and polycarbonate (PC) businesses, and "right sized" its polypropylene (PP) and high-density polyethylene (HDPE) units. Future segment reporting will be on Performance Plastics, which Dow describes as elastomers; wire and cable; specialty packaging and films; adhesives and functional polymers; with "technology differentiated" linear low-density polyethylene (LLDPE) and low-density polyethylene (LDPE)....
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