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Dow Chemical refuses Bhopal responsibility three decades later
2014-11-28 21:48:34| Chemicals - Topix.net
It's been 30 years since the Bhopal disaster, but the U.S. company responsible for it has still not made adequate amends. On Dec. 3, 1984, a gas leak at a pesticide plant owned by Union Carbide, a U.S. multinational, in the central Indian city of Bhopal caused the deaths of several thousand residents within a matter of days.
Tags: responsibility
chemical
decades
dow
Dow Chemical CEO says not quitting Kuwait, but shifting strategy
2014-11-24 19:51:31| Chemicals - Topix.net
Asked about Dow's strategy in Kuwait, Chief Executive Andrew Liveris, speaking on the sidelines of a conference in Dubai, said his company was "moving from doing commodities just for commodities sake, moving more downstream and Kuwait is more about commodities..." Dow Chemical announced earlier this month said 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. It did not give details.
Tags: strategy
chemical
ceo
kuwait
The Dow Chemical Company And Third Point Reach Agreement
2014-11-24 04:01:47| chemicalonline Home Page
The Dow Chemical Company and Third Point LLC recently announced a comprehensive agreement to add four new, independent directors to Dow’s Board. Mark Loughridge, Ray Milchovich and R. “Steve” Miller will join the Board on January 1, 2015. Richard Davis will join in May 2015 following the 2015 Annual Meeting of Shareholders
Tags: company
point
agreement
reach
Dow Chemical Pact With Third Point Avoids Proxy Fight
2014-11-21 18:23:29| Chemicals - Topix.net
Dow Chemical Co. , the largest U.S. chemical maker, avoided a proxy fight with activist investor Third Point LLC after agreeing to add four new independent directors.
Tags: point
fight
chemical
proxy
Thorny Pay Point Arises in Dow Chemical Feud
2014-11-17 17:23:06| 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 Dow and the activist hedge fund.
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