Dow Chemical Co.

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Dow Chemical Sells 50% of Plastics Biz to Kuwait for $9.5B

Deal gets firm access to cheap raw materials

(Newser) - Kuwait’s national oil company agreed to buy a 50% stake in Dow Chemical’s plastics divisions for $9.5 billion, marking the biggest overseas investment by a Kuwaiti firm, Bloomberg reports. CEO Andrew Liveris said Dow would benefit from cheap access to raw materials and liquid assets received from...

Big Industries Joust Over Energy Prices

Companies strive to suit their own ends in tug-of-war over green policies

(Newser) - US industries are at each other’s throats over energy policy as each sector tries to protect its own interests. A prime example came last year, when Dow Chemical's push for tougher automobile fuel-economy standards—which would help keep a lid on Dow's oil expenditures—ran afoul of automakers, who...

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