People familiar with the matter said Dow Chemical is considering exiting its $20 billion chemical joint venture with Saudi Aramco. Against the backdrop of the industry's long-term downturn, the American company is trying to reshape its asset portfolio. People familiar with the matter said that as of last year, Dow held 35% of the shares in a joint venture called Sadara Chemical, and the remaining shares were owned by Saudi Aramco. Saudi Aramco may take this opportunity to acquire Dow's shares and increase its shareholding ratio. Due to the confidential information involved, the person concerned requested anonymity. People familiar with the matter also said that other strategic investors or financial investors can also bid for shares in Dow. They added that no final decision has been made yet, and Dow is likely to finally abandon the deal.

People familiar with the matter said Dow Chemical is considering exiting its $20 billion chemical joint venture with Saudi Aramco. Against the backdrop of the industry's long-term downturn, the American company is trying to reshape its asset portfolio. People familiar with the matter said that as of last year, Dow held 35% of the shares in a joint venture called Sadara Chemical, and the remaining shares were owned by Saudi Aramco. Saudi Aramco may take this opportunity to acquire Dow's shares and increase its shareholding ratio. Due to the confidential information involved, the person concerned requested anonymity. People familiar with the matter also said that other strategic investors or financial investors can also bid for shares in Dow. They added that no final decision has been made yet, and Dow is likely to finally abandon the deal.