Eliminate destructive testing in manufacturing
Published

K-Dow Joint Venture Is Scrapped by Kuwait

The K-Dow Petrochemicals joint venture of Dow Chemical Co., Midland, Mich., and Petrochemical Industries Co. (PIC) sub. of Kuwait Petroleum Corp. (KPC), was canceled on Dec. 28, just before it was to launch on Jan. 1.

Share

Read Next

The K-Dow Petrochemicals joint venture of Dow Chemical Co., Midland, Mich., and Petrochemical Industries Co. (PIC) sub. of Kuwait Petroleum Corp. (KPC), was canceled on Dec. 28, just before it was to launch on Jan. 1. The Kuwait Supreme Petroleum Council rescinded its approval of the venture due to the sharp global recession and falling oil prices. K-Dow would have taken over Dow’s PE, PP, polycarbonate and PP technology licensing businesses. Dow said it was “shocked” and “extremely disappointed” by the Kuwaiti decision.

Related Content

VACUUM PUMPS
Maguire Ultra
Make Every Pellet Count
NPE2024: The Plastics Show
Inspect 100% of your plastics inline.
Dover Clear
We Love Powders NPE
Shell Polymers (Real)ationships start here ad
Make Every Pellet Count