IHS Chemical Week

World News and Views :: Top of the News

Kuwait Seeks to Reduce Fine Imposed for Pulling Out of K-Dow Venture

5:53 AM MDT | May 29, 2012 | Natasha Alperowicz

The Kuwaiti government held an extraordinary meeting with members of the country's supreme petroleum council yesterday to discuss the recent court ruling that awarded $2.16 billion in damages to Dow Chemical, in an arbitration case between Dow and Petrochemical Industries Co. of Kuwait (PIC) related to PIC’s earlier decision to pull out of the companies' proposed K-Dow joint venture. The International Court of Arbitration of the International Chamber of Commerce (ICC) ruled in Dow’s favor on May 25.   A statement issued by Kuwait's deputy premier...

This information is only available to Chemical Week subscribers.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 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

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 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