Is Dow weighing the sale of its stake in Saudi petrochemical venture?

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    "domain": "dow.com"
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  "data": {
    "url": "https://www.ourmidland.com/news/article/dow-weighing-sale-stake-saudi-petrochemical-22426441.php",
    "title": "Is Dow weighing the sale of its stake in Saudi petrochemical venture? - Midland Daily News",
    "excerpt": "Dow Inc. may be considering the sale of its 35% stake in Sadara Chemical Co., a massive petrochemical joint venture in Saudi Arabia. The potential sale, first reported Wednesday by ChemNet , is valued at about $10 billion, according to the report. No final decision has been made. Advertisement Article continues below this ad Saudi Aramco owns the remaining 65% of Sadara and has a preemptive right to purchase Dow’s interest. Other industrial or financial investors also could participate if the stake is offered for sale. Sadara was formed in 2011 by Dow and Saudi Aramco. The companies invested more than $20 billion to build the complex in Jubail Industrial City. The facility includes 26 production units that began operating in 2017 and can produce more than 3 million tons of chemicals and plastics annually. Its products include polyurethane raw materials, ethylene oxide, MDI, TDI and specialty polyolefins. They are sold in markets including the Middle East, Asia and Europe. A sale would represent another step in Dow’s effort to reduce its exposure to large, capital-intensive assets while focusing on higher-value materials and improving cash flow. Advertisement Article continues below this ad The global chemicals industry has been pressured by excess capacity, weak demand and volatile energy and raw-material costs. Dow announced its “Transform to Outperform” restructuring plan in...",
    "summary": "As part of its \"Transform to Outperform\" restructuring plan announced in January, Dow plans to eliminate about 4,500 roles globally.",
    "planning": true,
    "headcount": 4500,
    "image_url": "https://s.hdnux.com/photos/50/12/05/10527052/10/rawImage.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-10T22:26:15Z",
    "article_sentence": "The program targets at least $2 billion in near-term operating earnings before interest, taxes, depreciation and amortization improvements and includes plans to eliminate about 4,500 Dow roles globally."
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