(Dow) -- The Dow Chemical Company and Bain Capital Partners, a leading global private equity firm, announced jointly that they have closed the sale of Dow's Styron Division to an affiliate of Bain Capital. Dow has elected to retain a 7.5 percent equity position in Styron, which is now a privately held, global materials company. Also included in the transaction are several long-term supply, service and purchase agreements between Dow and Styron that will generate substantial additional value for both companies.
MRC MRC Reference
Share in the Russian market, 2008:
polyethylene - 2.5% (including LLDPE - 33.1%);
polypropylene - 0.8% (including PP-impact - 1.1%);
polystyrene - 2.6%.
Annual sales growth in Russia, recent 5 years:
polyethylene - 55%;
polypropylene - 28%;
polystyrene - 2%.
Imports by processing technologies: