(Image source: mlive) The chemicals giant, Dow Chemical Company (NYSE:DOW) has hired advisers with the intention to disposal their commodities chemicals business in an outright sale or spinoff. The disposal announced today is part of a plan to sell assets in the range of $3 to $4 billion as a way to downsize or streamline operations. Down wants to be a simpler company that focuses on products with high margins and returns, instead of cyclical products such as commodities. The commodities chemicals business encompasses chlorine production, brine operations, and epoxy segments, which generates about $5 billion in annual sales.