Dow to Put PE, PP and PC Into Joint Venture

Dow Chemical Co., Midland, Mich., plans to move its polyethylene, polypropylene, and polycarbonate businesses (as well as various amines) into an $11 billion joint venture with Petrochemical Industries Co. of the State of Kuwait, sub. of Kuwait Petroleum Corp.

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Dow Chemical Co., Midland, Mich., plans to move its polyethylene, polypropylene, and polycarbonate businesses (as well as various amines) into an $11 billion joint venture with Petrochemical Industries Co. of the State of Kuwait, sub. of Kuwait Petroleum Corp. The U.S.-based venture is expected to start up late this year.

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