Dow Announces Agreement To Acquire Circulus, Adding 50,000 Metric Tons Of Recycled Materials Capacity Annually; Transaction Includes Facilities In Oklahoma And Alabama; Expected To Close In Q3 2024 Pending Regulatory Approval
Portfolio Pulse from Benzinga Newsdesk
Dow has announced an agreement to acquire Circulus, which will add 50,000 metric tons of recycled materials capacity annually. The transaction includes facilities in Oklahoma and Alabama and is expected to close in Q3 2024, pending regulatory approval.
June 20, 2024 | 12:50 pm
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Dow's acquisition of Circulus will significantly boost its recycled materials capacity by 50,000 metric tons annually. The deal, which includes facilities in Oklahoma and Alabama, is expected to close in Q3 2024, pending regulatory approval.
The acquisition of Circulus will enhance Dow's capacity in recycled materials, aligning with sustainability trends and potentially boosting its market position. The inclusion of facilities in Oklahoma and Alabama indicates a strategic expansion. Regulatory approval is a key factor to watch.
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