Monday, December 29, 2008

Kuwait calls off Dow Chemical's US$17.4 bln joint venture

Kuwait is to call off a deal to form a US$17.4 bln petrochemical joint venture with U.S. company Dow Chemical. Dow Chemicals (DOW.N) and Kuwait Petroleum Corp (KPC) announced a US$19 bln JV in Decembeer 2007.

For more details on Kuwait calls off Dow Chemical's US$17.4 bln joint venture click here

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