Gulf Oil and Gas accountACCOUNT

Dow Chemical Receives Notification of Kuwait Decision to Cancel K-Dow Partnership

Source: www.gulfoilandgas.com 12/28/2008, Location: Middle East

Share |
Dow Chemical Company has been verbally informed by its partners at the Kuwait Petroleum Corporation (KPC) and Petrochemicals Industries Company (PIC) about a decision made by the Kuwait Supreme Petroleum Council (SPC), to reverse its prior approval of the agreement between Dow and PIC to enter into K-Dow Petrochemicals, a planned 50-50 joint venture company. The partners have informed us that there will be official written notification of the decision within the next few days.

Dow is extremely disappointed with the decision, and is in the process of evaluating its options pursuant to the Joint Venture Formation Agreement. While disappointed in this outcome, Dow remains committed to its Middle East Strategy.

Petrochemicals News in Kuwait >>

Qatar >>  5/15/2018 - Qatar Petroleum has invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals...
United Arab Emirates >>  5/14/2018 - The Abu Dhabi National Oil Company (ADNOC) has signed a project development agreement with Cepsa of Spain for a new, world-scale Linear Alkylbenzene (...

Oman >>  5/12/2018 - Having signed in place agreements for the implementation of the $7 billion Duqm Refinery project, the joint venture partners ó Oman Oil Company and Ku...
Germany >>  5/9/2018 - hte , the high throughput experimentation company has been selected by BP to evaluate commercial catalysts for both naphtha reforming and hydrocrackin...

Iran >>  5/9/2018 - Japanís Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...
Iran >>  5/9/2018 - Japanís Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

 

Oil & Gas Companies in Kuwait >>


Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.