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Dow Chemical and Kuwait's Petrochemical Industries Finalize Joint Venture at $2 Billion Lower Value

BANGALORE, INDIA--December 8, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--A joint-venture agreement between Kuwait's state-owned Petrochemicals Industries Company (PIC) (Safat) and Dow Chemical (NYSE:DOW) (Midland, Michigan) has been finalized, albeit at a lower value. Both companies will have a 50% stake in the new joint venture company, K-Dow Petrochemicals.

Other companies featured: Rohm and Haas (NYSE:ROH)

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Industry Segment: Chemical Processing
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