Chang, Joseph
December 2007
ICIS Chemical Business;12/17/2007, Vol. 272 Issue 22, p8
Trade Publication
This section offers news briefs from the chemical industry. Vernon Beck, a former Texas Petrochemical director, was arrested on a charge of mail fraud, connected to embezzlement. Dow Chemical and Kuwait's Petrochemical Industries Co. will form a 50:50 joint venture petrochemical and plastics company headquartered in the U.S. Private equity firm Arsenal Capital Partners has sold specialty chemical firm Vertellus Specialties to Wind Point Partners for an undisclosed sum.


Related Articles

  • Dow deal with Kuwait reopened?  // Popular Plastics & Packaging;Dec2008, Vol. 53 Issue 12, p68 

    The article reports the possible reopening of Dow Chemical's $11-billion deal with Kuwait's Petrochemical Industries Co. (PIC). It states that a renegotiation for the joint venture, named KDOW, could make way for its Michigan operations that would manufacture and market chemicals such as...

  • Dow and Petrochemical Industries Company of Kuwait announce global petrochemicals joint venture.  // Popular Plastics & Packaging;Jan2008, Vol. 53 Issue 1, p59 

    The article reports on the plan of Dow Chemical Company and Petrochemical Industries Company of Kuwait to form a joint venture that will be a global petrochemicals company. Dow chairman Andrew N. Liveris said they are creating a $11 billion company that is well positioned to grow profitably...

  • MEGa opportunity. Chang, Joseph // ICIS Chemical Business;7/20/2009, Vol. 276 Issue 2, p16 

    The article discusses joint-venture (JV) ethylene glycol (EG) producing company MEGlobal. The company is a JV between Dow Chemical of the U.S. and Petrochemical Industries Co. (PIC) of Kuwait. Henry Roth, chief executive officer (CEO) of MEGlobal, says that the firm is capable of entering into...

  • Dow putting PE, PP, PC in its new JV. Esposito, Frank // Plastics News;12/17/2007, Vol. 19 Issue 42, p1 

    The article reports that Dow Chemical Co.'s polyethylene (PE), polypropylene and polycarbonate (PC) assets got a whole lot lighter. The Midland, Michigan-based plastics and chemicals giant is selling half of its PE, PP and PC assets to state-owned Petrochemical Industries Co. of Safat, Kuwait,...

  • State is missing opportunities.  // MEED: Middle East Economic Digest;1/16/2009, Vol. 53 Issue 3, p6 

    The article reflects on the last-minute cancellation of the K-Dow deal, a joint venture between the U.S.-based Dow Chemical and Kuwait's Petrochemical Industries Co. It argues that the K-Dow deal is the victim of political infighting, which could derail a series of other major projects in the...

  • Political disputes hold back Kuwait. Salisbury, Peter // MEED: Middle East Economic Digest;1/16/2009, Vol. 53 Issue 3, p18 

    The article focuses on the last-minute cancellation by Kuwait's Supreme Petroleum Council (SPC) of the K-Dow deal, a joint venture between the U.S.-based Dow Chemical and Kuwait's Petrochemical Industries Co. The decision came after parliamentary opponents claimed that the deal was poor value...

  • K-Dow Joint Venture Now in Place.  // Plastics Technology;Jan2009, Vol. 55 Issue 1, p48 

    The article reports on the official launch of the new 50:50 joint venture between Dow Chemical Co. and Petrochemical Industries Co. (PIC) on January 1, 2009. The joint venture will be known as K-Dow Petrochemicals, and will assume the role of leading global supplier of petrochemicals and...

  • Advice sought on olefins II.  // MEED: Middle East Economic Digest;5/21/2004, Vol. 48 Issue 21, p14 

    Reports on the deadline given to international and regional banks to submit proposals for the financial advisory post on the proposed olefins II being developed by Petrochemical Industries Co., Dow Chemical Co. and other investors. Companies awarded by a project management consultancy contract;...

  • PIC/Dow confirm pets ambitions.  // MEED: Middle East Economic Digest;5/9/2003, Vol. 47 Issue 19, p10 

    Announces the confirmation of plans by Petrochemical Industries Co. and Dow Chemical Co. to build new ethylene and ethylene derivative capacity at Shuaiba, Kuwait. Memorandum signed by the companies; Capacity of the olefins; Functions of the cracker.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics