SOURCE: Industrial Info Resources

December 08, 2008 06:00 ET

Dow Chemical and Kuwait's Petrochemical Industries Finalize Joint Venture at Lower Value, an Industrial Info News Alert

BANGALORE, INDIA--(Marketwire - December 8, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- A joint-venture agreement between Kuwait's state-owned Petrochemicals Industries Company (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.

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