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Price and volume increases for AkzoNobel divisions in 2Q 2008

Publisher: Elsevier Science
Year: 2008
Weight: 50 KB
Volume: 2008
Category: Article
ISSN: 1364-5439
DOI: 10.1016/s1364-5439(08)70180-1

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✦ Synopsis

Dow steers course towards specialities

Dow Chemical is in the process of transforming itself into a speciality chemicals group following the acquisition of Rohm and Haas. It aims to have 69% of its turnover from performance products. Dow is particularly interested in Rohm and Haas' electronic materials and coatings. These two business units had sales of $3.8 bn in 2007. Dow estimates that it will make synergistic savings of at least $800 M over a 2-year period. A new performance product business will be managed from Rohm and Haas' current headquarters in Philadelphia.

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