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Dow responds to PP business sale rumor

Recent media reports quoted anonymous sources saying that Dow Chemical is aiming to sell its PP business. Here is what a Dow spokesman had to say to Plastics News.

"What we have announced to the industry is that we are asking CitiBank to review the options for us -- whether to sell, to buy more, or to expand... Selling is one possibility, I don't deny that. But there has not been a decision yet," said Sudjali Halim, senior marketing manager for plastics, Asia Pacific.

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