Redeploying Equipment within Dow
Sites of The Dow Chemical Company, or its affiliates and subsidiaries, that are looking to secure used or surplus Dow, affiliate or subsidiary equipment are given preference over external purchasers until a signed purchased agreement is received.
Used or surplus equipment is redeployed within Dow, affiliates or subsidiaries at no cost to the original equipment owner. The receiving party takes on logistics and removal costs. If book value exists, it will transfer to the receiving plant's account.
For used or surplus equipment that is requested by joint ventures with at least 50 percent Dow ownership, the minimum fair market value will be charged for the asset. A joint venture representative must sign the standard Dow Investment Recovery sales agreement. All other buyers are subject to a competitive bid process.
