Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
KUWAIT
Dow Canada Gives More Details Of PIC Deal
Kuwait Petroleum Corporation (KPC) subsidiary Petroleum Industries Company (PIC) is to take a 50% stake in three petrochemical plants operated by Dow Chemical Canada, as part of the deal to form two new joint ventures, MEGlobal and Equipolymers, which was announced on 1 June (MEES, 7 June). Dow Canada said on 3 June that PIC would take shares in one ethylene glycol plant at Dows Fort...
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