MIDLAND, MICH. (Oct. 8, 12:40 p.m. ET) — Dow Chemical Co. announced Oct. 8 that it will sell a majority of the production from Sadara Chemical Co., Dow’s joint venture with Saudi Arabian Oil Co. (Saudi Aramco). Midland-based Dow said the agreement will help it in fast-growing regions including Asia Pacific markets, Central and Eastern Europe, Africa and India.
North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.
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