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Email this article: Dow awarded US$2.16 billion from Kuwait over aborted 2008 deal
Posted: Thu May 24, 2012 8:30 pm
KUWAIT. Kuwait's Petrochemical Industries Co., under pressure from lawmakers, canceled a contract to form a 50-50 venture with Dow's plastics unit in December 2008.
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UAE. Frost & Sullivan study finds the market earned revenues of US$549.3 million in 2013 and estimates US$818.5 million in 2018, at a CAGR of 8.3%. The study covers the Middle East market for industrial service of pumps, motors, compressors, automation, instrumentation and electric drives.
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