Andrew Liveris, Chairman and CEO of the Dow Chemical Company, participates in a group discussion on “Business by Design: Business with Integrity” during the second day of the Clinton Global Initiative 2012 (CGI) in New York on September 24, 2012. REUTERS/Lucas JacksonShares of Dow Chemical, which also raised its quarterly dividend to 42 cents per share from 37 cents, rose as much as 3 percent on the New York Stock Exchange on Wednesday.Dow, the No. Chemical maker by sales, said it now expects to raise $7 billion $8.5 billion from divestitures by mid 2016.

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