Dow Chemical Plans to Sell Agricultural Business
Dow Chemical has expressed interest in selling its wholly-owned subsidiary Dow AgroSciences, which could make it an independent company or be acquired by competitors in the coming years. The company says that the consolidation in the global agrochemical industry has intensified, making it an opportune time to sell, but no buyers have been identified yet. Dow had previously proposed divesting its agrochemical business in 2009, but the plan was not realized.