Dow rises on report co weighs $20 bln Aramco partnership exit

Dow

09/09/2026 13:16

** Shares of chemicals maker Dow DOW.N up 3.4% at $30.6 premarket
** DOW is considering plans to exit its $20 billion Sadara Chemical joint venture with Saudi Aramco, Bloomberg News reports, as part of efforts to reshape its portfolio amid a prolonged industry downturn
** As of last year, Dow held a 35% stake in the venture, while Aramco held the rest - report
** Aramco could potentially acquire Dow's stake and increase its ownership in Sadara - report
** No final decisions have been made and Dow could eventually decide not to proceed with a deal - report
** Dow and Aramco did not immediately respond to Reuters' requests for comment
** As of last close, DOW up 26.5% YTD

 (Reporting by Varun Sahay in Bengaluru)
 ((Varun.sahay@thomsonreuters.com))