08:57 AM EDT, 06/02/2025 (MT Newswires) -- Dow (DOW) said Monday it signed a deal to sell its 50% stake in DowAksa Advanced Composites for $125 million to joint venture partner Aksa Akrilik Kimya Sanayii, an Akkok company based in Turkey.

Dow said it is exiting the joint venture as part of its strategy to focus on its core, downstream businesses.

The sale is expected to close in Q3, the company said.