Dow’s Post

This transaction is another step in Dow's continued actions to evaluate its ownership of non-product producing assets across its global portfolio – and re-deploy the proceeds towards higher value-creating growth investments.  #decarbonizeandgrow

"Diamond is comprised of certain non-product producing assets (power and steam production, pipelines, environmental operations and general site infrastructure) located at five of Dow's manufacturing sites in the U.S. Gulf Coast (USGC): Freeport, Texas City, and Seadrift in Texas, as well as Plaquemine and St. Charles in Louisiana."

ERM is proud to support Macquarie Asset Management, leading global infrastructure asset manager, in a partnership with Dow to launch Diamond Infrastructure Solutions. Valued up to US$3 billion, this new partnership will be a specialist infrastructure provider to Dow and other industrial customers at its five locations in Texas and Louisiana, offering comprehensive services to its tenants with a focus on world class efficiency, reliability and safety. Kara Dias Robin Koerner Schilling Jim Barratt Leticia Ortega Barry Sechrist Samantha Breaux Wesley Williams Richard Freeman Oliver Moore Andrew Radcliff

PARTNERSHIP NEWS: A fund managed by Macquarie Asset Management has entered into a definitive agreement to acquire a 40 percent equity stake in select U.S. Gulf Coast infrastructure assets of Dow, creating a new partnership known as Diamond Infrastructure Solutions.

Macquarie Asset Management has announced a partnership with Dow to launch Diamond Infrastructure Solutions, a specialist infrastructure provider to Dow and other industrial customers at its five locations in Texas and Louisiana. Diamond Infrastructure Solutions will leverage Dow’s operational excellence and Macquarie Asset Management’s infrastructure and energy expertise to generate growth opportunities by opening access to Dow’s U.S. Gulf Coast sites to third party customers. Read more: https://macq.co/6042QZ9Bg

Modern asset management demands a strategic approach – and nowhere is that more evident than in the global supply connectors that are ports. With many Australian ports being 30 to 70 years old, many assets will need replacement in the near future. Adopting a strategic asset management approach is how sustainable, reliable and cost-effective port operations can be provided both now and into the future. Brightly

EXPANSION NEWS: Brookfield Asset Management, a global alternative asset manager with more than $1 trillion of assets under management, has opened a new office hub in Paris to deepen its established presence in the French market.

A useful course for those interested in improved asset management, with the The Institute of Asset Management in May 2024. ISO 55001 Gap Closure and Developing an Asset Management System 

Establishing an asset management framework helps ensure infrastructure investment is optimised and levels of service are met. It’s also a foundation for aligning with ISO 55001, the international standard for asset management. At this free webinar on 28 August Andrew Gatland from Asset Dynamics will outline how to establish an asset management framework that enhances infrastructure outcomes. Robert Blakemore from ProjectMax Ltd will then outline how this can help those managing water infrastructure. If you want to learn about establishing an asset management framework or you’re involved in managing water assets, register for this upcoming webinar. Register here: https://lnkd.in/e-KSsXzB