2 October 2014
is the licensor of
and the leader in the development, manufacture and
sales of PE catalysts for the UNIPOL™ PE Process.
its UNIPOL™ PE Process Technology, including
swing capability for linear low density polyethylene and
high density polyethylene.
Additionally, Univation Technologies will continue
to develop and supply
all catalysts, including:
* ACCLAIM™ Advanced Unimodal,
READ METALLOCENE TECHNOLOGY BROCHURE
DETAILS
The Dow Chemical Company (NYSE: DOW) and
ExxonMobil Chemical Company (“ExxonMobil”),
announced jointly today the signing of
a definitive agreement to restructure the ownership of
currently a 50/50 joint venture
between affiliates of Dow and ExxonMobil.
This transaction will result in Univation Technologies
becoming a wholly-owned subsidiary of Dow
aligned to its Performance Plastics operating segment.
The transaction is expected to close by the end of 2014,
pending regulatory approval.
Dow and ExxonMobil are committed to working closely together
to ensure a seamless transition for all stakeholders.
Cindy Shulman
president of Univation Technologies
“Univation Technologies is a global leader serving
a growing, high-margin market,”
“Univation remains committed to reliably serving
our customers and licensees with
the world’s leading gas phase polyethylene process technology
and associated catalysts and looks forward to
being aligned with Dow’s Performance Plastics franchise.”
WWW.CHEMWINFO.COM BY KHUN PHICHAI
