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Latest K-Dow Petrochemicals Stories

2009-09-10 09:00:00

FREEPORT, Texas, Sept. 10 /PRNewswire-FirstCall/ -- The Dow Chemical Company (NYSE: DOW) announced today that it will close styrene monomer and ethylbenzene production units at its Dow Texas Operations site in Freeport, Texas by the end of the year. The closures are part of a broad restructuring plan the Company announced at the end of June 2009, which is designed to right-size Dow's manufacturing footprint and reduce exposure to its capital intensive Basics portfolio. "Closing these...

2009-04-01 20:06:00

Sale Proceeds Accelerate De-leveraging Plan MIDLAND, Mich., April 1 /PRNewswire-FirstCall/ -- The Dow Chemical Company (NYSE: DOW) today announced that Rohm and Haas, a wholly owned subsidiary of The Dow Chemical Company, has entered into a definitive agreement to sell the stock of Morton International, Inc., the salt business of Rohm and Haas, to K+S Aktiengesellschaft. K+S is one of the world's leading suppliers of specialty and standard fertilizers, plant care and salt products, and a...

2009-03-09 16:06:00

- Financing includes substantial equity investments by two major shareholders. - - Dow becomes the world's leading specialty chemicals and advanced materials company- MIDLAND, Mich., March 9 /PRNewswire-FirstCall/ -- - The Dow Chemical Company (NYSE: DOW) today announced that it has reached agreements with Rohm and Haas and certain of its shareholders, that permit Dow to close the acquisition on substantially altered financial terms by April 1, 2009. Today's agreement resolves the...

2009-01-26 08:49:00

MIDLAND, Mich., Jan. 26 /PRNewswire-FirstCall/ -- The Dow Chemical Company (NYSE: DOW) confirms it has informed Rohm and Haas that Dow will not close the proposed acquisition on or before January 27, 2009. Dow has determined that recent material developments have created unacceptable uncertainties on the funding and economics of the combined enterprise. This assessment is based on several macro-economic factors such as the continued crisis in global financial and credit markets combined...

2009-01-06 06:02:00

MIDLAND, Mich., Jan. 6 /PRNewswire-FirstCall/ -- The Dow Chemical Company (NYSE: DOW) today announced a wide range of legal, operational and financial actions that will keep the Company on track to fulfill the transformational corporate strategy Dow has pursued since 2005. Dow's strategy will continue to involve aggressive steps to establish Dow as a high-performance, earnings growth company organized around a strong portfolio of joint ventures and market-facing performance business...

2008-12-28 12:35:00

MIDLAND, Mich., Dec. 28 /PRNewswire-FirstCall/ -- Today, The Dow Chemical Company (NYSE: DOW) has been verbally informed by our partners at the Kuwait Petroleum Corporation (KPC) and Petrochemicals Industries Company (PIC) about a decision made by the Kuwait Supreme Petroleum Council (SPC), to reverse its prior approval of the agreement between Dow and PIC to enter into K-Dow Petrochemicals, a planned 50-50 joint venture company. The partners have informed us that there will be official...

2008-12-09 06:52:00

NEW YORK and LONDON, December 9 /PRNewswire/ -- ICIS Chemical Business magazine unveils the ICIS Top 40 Power Players - the most influential people in the global chemical industry. "The chemical industry is ultimately a people industry, and these individuals have changed the face of the global chemical industry - through mergers and acquisitions, policy leadership, innovation and financial performance," said Joseph Chang, Global Editor of ICIS Chemical Business. BASF chairman...

2008-12-01 07:30:00

MIDLAND, Mich., and KUWAIT CITY, Kuwait, Dec. 1 /PRNewswire-FirstCall/ -- The Dow Chemical Company (Dow) (NYSE: DOW) and Petrochemical Industries Company (PIC), a wholly owned subsidiary of Kuwait Petroleum Corporation (KPC), today announced that they have signed the Joint Venture Formation Agreement and other key definitive agreements regarding the formation of K-Dow Petrochemicals, a 50:50 joint venture that will be the leading global supplier of petrochemicals and plastics. It is...

2008-10-07 09:00:42

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Dow Chemical Company (NYSE:DOW) (Midland, Michigan) and Chevron Phillips Chemical Company LP (CPChem) (The Woodlands, Texas), in a recent joint venture, formed Americas Styrenics LLC. The 50:50 joint venture between the two chemical manufacturing monoliths represents the largest consolidation of polystyrene production capacity in the Western Hemisphere to date. In combining resources, the joint venture positions itself to...

2008-09-24 09:00:36

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Dow Chemical Company (NYSE:DOW) (Midland, Michigan) is sticking to its old strategy, Geoffery Merszei, Executive Vice President and Chief Financial Officer, said at the recent 17th Annual Chemical and Ag Science Conference. But the difference this time is that the company is actually going to execute it, he said. One of Dow's major plans in action is the formation of K-Dow Petrochemicals, a joint venture with the Petrochemical...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.