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Dow buys Rohm and Haas for $18bn

Last post 07-12-2008 4:24 by Consiglieri. 1 replies.
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  • 07-11-2008 14:52

    Dow buys Rohm and Haas for $18bn

     

    Does anybody know, is this deal going to strengthen Dow, or will it be a step too far with its other commitments around the world? 

     

  • 07-12-2008 4:24 In reply to

    Re: Dow buys Rohm and Haas for $18bn

    "The acquisition is part of an effort by Dow to move into the higher-margin specialty chemicals market, which may provide a buffer against ups and downs in basic chemical sales. Specialty chemicals are produced for more specific uses, compared with those produced as high-volume commodities for manufacturing."  Source: http://www.msnbc.msn.com/id/25619206/

    I think it's a brilliant move.  A little expensive on the front end by strong synergies to result.  Rohm & Haas has a great reputation for quality products.  A jewel in Dow's crown imho. Geeked

    I love the smell of Phenol in the morning
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