DOW Closes Sale of Flexible Packaging Laminating Adhesives Business

Dow Inc. (DOW) has completed the previously announced sale of its flexible packaging laminating adhesives business, which is part of its Packaging & specialized Plastics unit, to Arkema, a specialized materials company, for $150 million.The transaction, announced on May 2, 2024, includes five manufacturing facilities in Italy, the United States and Mexico. The business product line comprises solvent-based and solventless laminating adhesives as well as heat seal coatings.The transaction proceeds will suppor ...