Dow Inc. Reportedly Considering Selling 35% Stake in $20 Billion Saudi Chemicals JV Sadara Chemical
The potential exit from its joint venture with Saudi Aramco comes as Sadara has become a significant financial burden, with Dow having a negative investment balance of $793 million as of June 30. The move aims to reshape Dow's portfolio amid a prolonged downturn in the global chemicals industry, though no final decision has been made, and Aramco or another investor could potentially acquire Dow's stake.
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Source:Yahoo财经 · Source Link
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