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Dow Chemical says on path to $10B+ EBITDA in 'near term'

Dow has increased its divestiture target to $4.5B-$6B of cumulative proceeds by year-end 2015. The company sees divesting or entering joint venture agreements for its chlorine chain and Epoxy business in 2014-2015. Sees finalizing Chlorine carve-out by mid to late 2015, with binding bids and negotiation of definitive agreements begun by late 2014. The company sees launching new products in Packaging & Specialty Plastics, AgroSciences, Electronic Materials and Coating Materials, and to deliver new margins in these businesses in 2014/2015. Information from slides for Q1 earnings conference call.