IHS Chemical Week

World News and Views :: Top of the News

Dow and Kuwait Petroleum to Form Petrochemicals JV

5:54 AM MST | December 13, 2007 | Kerri Walsh

Dow Chemical says it plans to form a 50-50 petrochemical joint venture with Kuwait Petroleum’s Petrochemical Industries Company (PIC; Kuwait City) subsidiary. PIC will pay about $9.5 billion pretax for a 50% stake in Dow’s polyethylene (PE), ethylene, ethanolamines, polypropylene (PP), and polycarbonate (PC) businesses that will comprise the jv. The deal is expected to close by the end of 2008, Dow says. The deal is consistent with Dow’s plans to secure “competitively advantaged feedstocks,” Dow says. Kuwait is an OPEC member, and will provide Dow with...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa