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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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INTERNATIONAL. Saxo Bank publishes its Q3 Outlook, warns of a false start to the Fed's rate hike cycle; a return to US$100+ oil is not expected for the foreseeable future and this should help the region to focus on attracting and building other sources of revenue.
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