Dow focuses on high-profit businesses and readjusts assets again
China has signed an agreement to send volunteers of Chinese teachers to Mongolia. On the evening of March 19, Beijing time, Andrew veris, CEO of Dow Chemical Company (Dow), said on Wednesday that the company currently plans to raise $4.5 billion to $6billion by selling assets by the end of 2015, It is $1.5 billion to $2billion more than the previously announced target of $3billion to $4billion
Dow Chemical is under the pressure of Daniel Loeb, a hedge fund giant, to cultivate more than 100 high-tech plastic raw material enterprises with core competitiveness through platform technology transformation and incubation. The latter requires them to spin off profitable but slow-growing petrochemical business and focus on special materials business
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