DuPont Dow Elastomers fallout: Partners mull dissolving unit

By: Bruce Davis Rubber & Plastics News Staff
 
Wilmington, Delaware-Dow Chemical Co. and DuPont Co. are reviewing the business prospects for their DuPont Dow Elastomers LLC joint venture, with splitting the assets and dissolving the venture one possibility.

In connection with DuPont Dow Elastomers´ involvement in an EPDM price-fixing investigation, Dow disclosed it has negotiated an option with DuPont to acquire certain DuPont Dow Elastomers assets related to ethylene and chlorinated elastomers.

The companies described the transaction as “cashless” to Dow and based on “fair market values.” Should…

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