Consequential to its pledge to reduce the company dependence on the cyclical nature of the petrochemicals businesses, Dow Chemical plan to hive off 50% of its petrochemicals operations to Kuwait's Petrochemical Industries Co. (PIC) for US$9.5 bln.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11346&P=P
Monday, December 17, 2007
Dow to sell off 50% of its petrochemical operations to PIC
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