rP os t 9-204-021 REV: MARCH 31‚ 2006 MIHIR A. DESAI Dow Chemical’s Bid for the Privatization of PBB in Argentina op yo On November 10‚ 1995‚ Oscar Vignart‚ vice president of business development for Latin America for Dow Chemical Company (Dow)‚ and Luis Marcer‚ CFO of Dow Química Argentina‚ considered the bidding price on Petroquímica Bahia Blanca S.A. (PBB)‚ which was being privatized by the Argentine government. PBB produced both ethylene and polyethylene. It was part of a petrochemical complex
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Dow Chemical By Kai Draaisma Laurens de Blij Diedrik Oost Eva Sloff Lesley Flohil 13-11-2012 Duisenberg School of Finance Executive summary 1. Summary of Facts. With an annual revenue of $20.2 billion Dow held the leading market position worldwide in ethylene and polyethylene (exhibit 1b). To consolidate all of Bahia Blanca’s polyethylene activity under Dow’s control a three-stage plan was developed. The first stage involved taking control of PBB‚ the second stage involved
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Introduction The case presents an American company Dow‚ producer of commodity chemicals‚ who is in the final stages of acquiring another company Rohm and Haas. Dow’s CEO has been working for four years to transform Dow from a producer of low-value‚ highly cyclical commodity chemicals to a producer of high-value‚ specialty chemicals and advanced materials. Rohm is a perfect match for Dow in respect of the strategic and financial perspective. Dow is also pursuing another key deal with Kuwait’s Petrochemical
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Corporate Finance case 2 Dow’s Bid for Rohm and Haas Justin Overtoom 6132111 Rutger Go 10782923 Binghong Cheng 10824588 Xianjing Cai 10874089 23-02-2015Introduction Dow started as a manufacturer of commercial bleach in 1897‚ and was founded by Herbert Dow. He merged his company in 1900 with Midland Chemical‚ which lead to diversification of his portfolio to agricultural and food products. In 1912‚ Dow started to pay dividends every quarter without any reductions or interruptions. By doing
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Executive Summary No organization could be further from the image of the "tree hugger" than the world ’s largest chemical producer‚ Dow Chemical Company. Yet for all of industry ’s superficial acknowledgement of the need for environmental responsibility‚ no other organization has so completely focused on balancing financial‚ social and environmental results. Dow has incorporated a highly successful e-commerce strategy‚ not only for the benefits it can yield in business results‚ but also as part
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Dow Chemical Case When Petroquímica Bahia Blanca S.A. (PBB) began the process of becoming privatized by the Argentine government‚ Dow Chemicals saw the acquisition of this company as a golden opportunity to become the leading polyethylene player in Latin America. Dow Chemical’s was already a major player in the chemicals (ethylene)‚ plastics (polyethylene)‚ and agricultural products industries holding position as a low-cost producer. Breaking each segment of their business down into
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Dow Chemical Case Question 1 Polyethylene is the world’s most widely used plastic. Polyethylene plastic’s principal application was in packaging‚ from trash bags to milk jugs. It was widely used in the manufacture of everything from trash bags‚ picnic cutlery and garbage pails‚ to plastic toys. Polyethylene also replaced glass‚ wood‚ and metal in certain applications. There were three types of polyethylene‚ Low-density polyethylene‚ High density polyethylene and Low linear density polyethylene
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Introduction The project provides Dow Chemical with a once-in-a-lifetime opportunity to become the leading petrochemical company in Argentina as well as in Latin America. In addition‚ the petrochemical sector in Argentina is also an oligopoly‚ posing a low business risk for this project. 1.1 Key advantages of the Bahia Blanca petrochemical pole • The PBB cracker is gas-based making it less costly to operate as compared to a naphtha-based cracker; • There is an excess demand for Polyethylene
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Internal entrepreneurship at the Dow Chemical Company Dow Chemical Company Description Dow Chemical is a multi-national chemical manufacturing company‚ specifically serving various consumer markets with innovative chemicals and plastics products. With net profit margins dropping over a period of time‚ the firm had prioritized growth initiatives in the early 2000s. The emergence of the internet had empowered start-ups to disrupt the chemical
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Privatization and its repercussions Hassan Shahzad (10-NTU-59) Ahmad Hafeez (10-NTU-65) Muhammad Fahad (10-NTU-67) Zubair Shan (10-NTU-74) Assignment Submission Date: 31-1-2014 Submitted to: Mr. Malik Muhammad Sohail Department of Weaving NATIONAL TEXTILE UNIVERISTY‚ FAISALABAD Privatization Privatization is a movement to deregulate private industry and/or transfer many government services‚ assets and functions to the private sector. Classic Privatization: Total transfer
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