Dow Chemical explores sale of some businesses

NEW YORK (Reuters) - Dow Chemical Co (DOW.N) said on Wednesday that it was exploring the divestiture of certain businesses in a bid to mitigate any potential antitrust issues associated with its acquisition of Rohm and Haas ROH.N.

Dow, the largest U.S. chemical maker, in July announced a deal to acquire rival Rohm and Haas for $15.3 billion in a move to broaden its product offerings in higher-margin markets such as paints, coatings and electronic materials.

The facilities being targeted for sale include its acrylic acid and esters operations at Clear Lake, Texas and its UCAR Emulsion Systems specialty latex business in North America.

Dow has engaged J.P. Morgan (JPM.N) as financial adviser in support of this effort.

(Reporting by Euan Rocha; Editing by Lisa Von Ahn)