IHS Chemical Week

People & Business :: Companies

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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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