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Dow chemical to use Kuwait payment to pay off debt
2013-05-24 21:57:09| Chemicals - Topix.net
The Dow Chemical Co. said Friday that it plans to use part of its recent payment from Petrochemical Industries Co.
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Kuwait replaces officials at KP...
2013-05-19 23:51:39| Chemicals - Topix.net
KUWAIT: State-run Kuwait Petroleum Company appointed a new chief executive and suspended other top officials after the country paid $2.2bn in damages to Dow Chemical Co over a scrapped plastics joint venture.
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Dow Chemical receives $2.2 bln as damages from Kuwait co
2013-05-07 19:45:26| Chemicals - Topix.net
Dow Chemical Co said it has received $2.2 billion as damages from Kuwait's state-run chemicals company, a year after an arbitrator told Petrochemical Industries Co to pay up for cancelling a planned plastics joint venture in 2008.
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Dow Chemical Gets $2.2 Billion for Canceled Kuwait Deal
2013-05-07 19:45:25| Chemicals - Topix.net
Dow Chemical Co. , the largest U.S. chemical maker by sales, said it received $2.19 billion in cash from Petrochemical Industries Co.
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kuwait
Dow Confirms Receipt Of $2.2 B In Cash Proceeds From Petrochemical Industries Company Of Kuwait
2013-05-07 11:10:00| chemicalonline News Articles
The Dow Chemical Company announced that it has completed final resolution of the K-Dow arbitration with Petrochemical Industries Company of Kuwait (PIC), and confirms today that Dow has received a direct cash payment of $2.2 billion from PIC. Payment reflects the full damages awarded by the International Chamber of Commerce, as well as recovery of Dow’s costs. “Dow and Kuwait share a long history, and payment of this award
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