Dow finalizes strategic partnership with Macquarie Asset Management in Diamond Infrastructure Solutions
Dow finalizes strategic partnership with Macquarie Asset Management in Diamond Infrastructure Solutions
05/01/25, 8:34 PM
Location
Money
$2.4 billion
Industry
manufacturing
Type
partnership
Dow has completed the sale of a 40% equity stake in Diamond Infrastructure Solutions to a fund managed by Macquarie Asset Management. This strategic partnership aims to create a new infrastructure business entity with a focus on safe and reliable operations for existing customers while seeking customer growth.
Company Info
Location
midland, texas, united states
Additional Info
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance leadership to achieve profitable growth and help deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates manufacturing sites in 31 countries and employs approximately 37,800 people. Dow delivered sales of approximately $57 billion in 2022. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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