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Dow’s Basic Plastics Weathers Economic Storm

8:02 AM MDT | June 15, 2009 | LINDSEY BEWLEY

Dow Chemical says its basic plastics business strategy has not changed, despite the economic downturn and collapse of its proposed petrochemical joint venture, K-Dow, with Kuwait’s Petrochemical Industries Co. The company continues to seek a partner or regional alliances for its basic plastics business, which were part of the jv’s assets (CW, June 1, p. 6). Wright: PE demand grew this quarter. Demand for basic plastics, including polyethylene (PE), polypropylene (PP), and polystyrene—is modestly improving, says Glenn Wright, commercial...

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