Dow Chemical Indicates Irreversible Pformation Trend
Dow Chemical said it would not give up its efforts to pform itself. Li Wei Cheng said: "our long-term strategy remains the same, and the acquisition of Roman Haas is also in line with this strategy". After Dow Chemical evaluation, it is believed that in the current situation, the completion of the merger and acquisition of Roman Haas will bring unbearable uncertainty to the combined company's capital and economic situation.
The insider explained: dow And other pnational chemical giants have always attached great importance to it. Financial structure In order to safeguard shareholders' rights and interests, Dow has been insisting on raising dividends every quarter since 1912. Regardless of the implementation of risk (acquisition of Roman Haas), it will have a disastrous effect on Dow share price and so on.
In pottery Chemical pformation At the same time, BASF, its old rival, is carrying out the same pformation plan as Dow Chemical. Its acquisition target is fine chemicals manufacturer, Switzerland, Ciba. It is understood that BASF and Ciba are upstream and downstream relations. BASF is the raw material supplier of Ciba. Ciba relies on proprietary technology to monopolize plastics, additives, paint workers, and water and paper processing market segments.
Editor: vivi
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