15 July 2008 14:59 [Source: ICIS news]
The new company, to be named K-Dow Petrochemicals (KDP), would be headquartered in a yet to be named city in Michigan, subject to local regulatory approvals expected in late 2008, the statement said.
The total number of employees located at the headquarter's site was expected to expand up to 800 employees over the next few years, it added.
Fitterling is currently the business group president of Dow Basic Plastics and a member of the company's management committee and business operations committee.
He would become CEO when the joint venture began operations, the statement said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections