"Butcher of Bhopal" and Kuwait Firm in Joint Venture
source: http://www.nytimes.com/reuters/business/reuters-dowchemical.html?ref=business
-
-
- covelogibbs
- added this
Dow Chemical and a unit of Kuwait Petroleum said on Thursday they will form a petrochemicals joint venture to link the Middle East company's vast energy supply with Dow's industry-leading market reach.
The joint venture will manufacture and sell chemicals used in products ranging from plastic bottles, compact disks and computers to agricultural compounds.
"By selectively investing in downstream petrochemical businesses, we are maximizing the value of Kuwait's hydrocarbons resources while diversifying our national economy and increasing job opportunities," Saad Al-Shuwaib, chief executive of Kuwait Petroleum, said in a statement.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Unfortunately, we're all downstream.
The joint venture will manufacture and sell chemicals used in products ranging from plastic bottles, compact disks and computers to agricultural compounds.
"By selectively investing in downstream petrochemical businesses, we are maximizing the value of Kuwait's hydrocarbons resources while diversifying our national economy and increasing job opportunities," Saad Al-Shuwaib, chief executive of Kuwait Petroleum, said in a statement.
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Unfortunately, we're all downstream.
