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Dow completes $121MM sale of Telone™ soil fumigation product line

1. Dow sold the Telone product for $121 million. 2. The divestiture supports Dow's focus on core downstream markets. 3. Proceeds will enhance Dow's capital allocation strategy. 4. Telone will receive new investments for growth in agriculture. 5. This sale follows Dow's strategy of optimizing core operations.

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FAQ

Why Bullish?

The divestiture enhances Dow's focus on high-value markets, historically leading to profitability gains.

How important is it?

The sale aligns with Dow's strategic direction, potentially leading to increased investor confidence.

Why Short Term?

Immediate capital allocation improvements are expected to positively influence Dow's financial metrics within the year.

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DOWBASFLYB
Transaction enables the Company to further focus on core, high-value downstream markets Proceeds will be used to support Dow's balanced capital allocation approach , /PRNewswire/ -- Dow (NYSE: DOW) announced today the completion of the sale of Telone™, a soil fumigation product to TriCal Soil Solutions, Inc., a leading distributor and applicator of soil fumigation products. This transaction is consistent with Dow's best-owner mindset strategy of focusing on its core operations. "We are pleased to announce the successful completion of this divestiture, a move that aligns with Dow's strategy to focus on its core, downstream markets," said Marco ten Bruggencate, president of Dow's Industrial Intermediates & Infrastructure operating segment. "The Telone product line will benefit from focused investments to capitalize on growth in the agricultural market segments it serves." The transaction value is $121 million or approximately 10x 2024 Operating EBITDA. About DowDow (NYSE: DOW) is one of the world's leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 30 countries and employ approximately 36,000 people. Dow delivered sales of approximately $43 billion in 2024. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com. For further information, please contact: Glynna MayersDow[email protected] X: https://twitter.com/DowNewsroom Facebook: https://www.facebook.com/dow/ LinkedIn: http://www.linkedin.com/company/dow-chemical Instagram: http://instagram.com/dow_official  ®TM Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow SOURCE The Dow Chemical Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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