Staying Informed

Dow Chemical Sells Unit For $500M

MIDLAND, Mich. (AP) -- Dow Chemical Co. is selling its global polypropylene licensing and catalysts business to W.R. Grace & Co. for $500 million. The sale includes Dow Chemical's polypropylene catalysts manufacturing plant in Norco, La., and customer contracts, licenses, intellectual property and inventory. About 90 workers worldwide are expected to move over to W.R. Grace, which will honor ...

 

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