DT新材料·2025-06-03 15:34Group 1 - Dow announced the sale of its 50% stake in the joint venture DowAksa to its partner Aksa for $125 million, aligning with its strategy to focus on core high-value downstream businesses [2] - The enterprise value of DowAksa is estimated to be around 10 times its projected EBITDA for 2025, indicating a strong valuation [2] - Dow has made several strategic adjustments this year, including the sale of its Telone soil fumigation product line for $121 million and plans to close three high-cost European plants due to a 65.9% drop in profits compared to the previous year [3] Group 2 - BASF has officially initiated the sale of its coatings business, with an expected sale price of up to €6 billion (approximately $6.8 billion) [4] - The decision to sell is part of BASF's strategy to concentrate on areas closely related to its core chemical business, as the coatings business has a lower correlation with its value chain [4] - Major paint companies, including Sherwin-Williams and AkzoNobel, have shown strong interest in acquiring BASF's coatings business, which generated sales of €4.3 billion in 2024 [4]