Dow completes ownership of Dow Coming's silicones

摘要

The Dow Chemical Company has successfully completed the transaction to restructure the ownership of Dow Corning. Dow is now the 100% owner of Dow Coming's silicones business, which had 2015 revenues of greater than US$4.5bn and is expected to generate more than US$1bn of annual EBITDA for Dow at full run-rate synergies.