Dow wins $2bn in Kuwait project arbitrationKuwait's Petrochemical Industries Company (PIC) must pay Dow Chemical Company $2.16 billion under an arbitrator's ruling for wrongly cancelling a planned plastics joint venture in 2008, Dow said on Thursday. The ruling against the state-r More… |
Legal body to decide Kuwait Dow dealKuwait said it will refer its planned joint-venture with Dow Chemical to its legal advisors after parliamentary opposition to the multi-billion dollar deal, state news agency Kuna reported. State-run Petrochemical Industries Company (PIC) More… |