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Dow To Reduce Equity Base in Kuwaiti Joint Ventures

2014-11-17 01:37:48| chemicalonline Home Page

In line with The Dow Chemical Company’s prior announcement of its intention to rationalize its investments in certain joint ventures, Dow will reconfigure and reduce its equity base in the MEGlobal and Greater EQUATE joint ventures, including The Kuwait Olefins Company (TKOC) and The Kuwait Styrene Company (TKSC), through a divestment of a portion of the Company’s interests in these well-established ventures

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Third Point Revives 'Golden Leash' Pay Plan in Dow Chemical Fight

2014-11-16 23:39:37| Chemicals - Topix.net

Third Point LLC would pay two potential Dow Chemical Co. board nominees more if the firm's stock rises during their board tenure, reviving a controversial compensation structure and adding to tension between the company and the activist hedge fund.

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Kuwait to sell Dow Chemical's petchem venture shares to public -exec

2014-11-16 15:25:28| Chemicals - Topix.net

Kuwait plans to offer to the public the shares in Kuwaiti joint ventures which U.S. petrochemicals giant Dow Chemical Co plans to sell off, state news agency KUNA quoted a senior Kuwaiti executive as saying. Dow Chemical announced last week that as part of a $7-$8.5 billion divestiture plan, it would reduce its equity positions in all of its Kuwaiti ventures, in order to release capital for other strategic purposes.

Tags: public sell shares kuwait

 

Dow Chemical Exec Inspires Girls Through STEM

2014-11-15 15:32:55| Chemicals - Topix.net

For some people, all it takes is one great mentor to break open an undiscovered path that ultimately leads to a career. For others, it's an instinct to pursue a lifelong passion.

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Dow Chemical Further Extends Divestiture Plan To Boost Profitability

2014-11-15 11:23:26| Chemicals - Topix.net

The Dow Chemical Company recently announced the expansion of its near-term divestiture plan to include non-core assets worth $2.5 billion more. The company initially planned to raise around $1.5 billion from divestments when it first revealed its intentions to divest into two of its non-core businesses, Plastic Additives and Polypropylene Licensing and Catalysts, during the first quarter of 2013.

Tags: plan chemical boost extends

 

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