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2015-05-05 16:10:39| Chemicals - Topix.net
Dow Chemical is breaking off a significant part of its chlorine operations - including those in Plaquemine - in a deal with Olin Corp. valued at $5 billion. Dow CEO and Chairman Andrew Liveris said in a statement that the Olin deal has helped the Midland, Michigan-based company exceed its target to divest $7 billion to $8.5 billion of non-strategic businesses and assets.