Dow announces sale of U.S. Gulf Coast marine and terminal operations and assets
Dow (NYSE: DOW) today announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million.
- Dow (NYSE: DOW) today announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy & Power Infrastructure Fund, for $620 million.
- The transaction includes marine and storage terminal operations and assets at Dows sites in Plaquemine and St. Charles, Louisiana, and Freeport, Texas.
- Dow is also pleased to further our longstanding relationship with Vopak who is already a key logistics partner at several Dow locations globally.
- Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth.