# SK Innovation acquires Dow Chemical's EAA business for USD 370 million

SK Innovation, through its subsidiary SK Global Chemical, acquired Dow Chemical's ethylene acrylic acid (EAA) business for USD 370 million. The deal includes production facilities in Freeport, Texas, and Tarragona, Spain, along with technology and trademarks.

- Type: Acquisition
- Announced: 2017-02-02
- Where: Freeport, Texas, United States
- Value: $370.0M
- Status: announced
- Products: ethylene acrylic acid (EAA), PRIMACOR adhesive resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Dow Chemical](https://endata.com/companies/2284.md) (target)
- [SK Innovation](https://endata.com/companies/21924.md) (acquirer)

## Sources

- [news.bizwatch.co.kr](https://news.bizwatch.co.kr/article/industry/2017/02/02/0010), 2017-02-02: "SK이노베이션은 자회사인 SK종합화학이 다우케미칼과 EAA 사업 인수 계약을 체결했다고 2일 밝혔다."
- [yna.co.kr](https://www.yna.co.kr/view/ACK20170202002000881), 2017-02-02: "SK创新公司（SK Innovation）2日发布消息称，公司将收购美国陶氏化工的乙烯丙烯酸共聚物业务，收购金额达3.7亿美元。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.