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Dow Looks to Restart Kuwait Deal
Updated from 2:38 p.m.
Dow Chemical(DOW Quote) is negotiating to revive a proposed joint-venture with the Kuwaiti firm Petrochemicals Industries to build a new petrochemicals plant.
The proposed plant is a component of Dow Chemical's strategy to reposition petrochemical assets near abundant, low-cost sources of hydrocarbon feedstock.
Petrochemical Industries surprised Dow last December when it backed out of their joint venture because of the global economic downturn. ...
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