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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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KUEAIT. There is plenty of potential in the Kuwaiti market, should investor interest remain and the government carries out its proposed spending plans. The government's 2014/15 budget is expansionary, with expenditure growth of 3.2% to US$77.3 billion.
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