TITLE

Special delivery

AUTHOR(S)
Chang, Joseph
PUB. DATE
January 2008
SOURCE
ICIS Chemical Business;1/7/2008, Vol. 273 Issue 1, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Dow Chemical will now shift its focus to the growth of its specialty chemical business with the creation of a 50/50 joint venture (JV) with Kuwait Petroleum Corporation's Petrochemical Industries Co. (PIC). Dow values the businesses it is putting in the JV at $19bn. The company will receive a $9.5bn payment from PIC in exchange for its 50% stake. The assets from Dow generate around $12bn in sales.
ACCESSION #
28686862

 

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