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  • Dow, PIC, finalise K-Dow deal

    Foresight, and long-term relationships, have paid off for Dow. Yesterday , CEO Andrew Liveris announced that a binding agreement has now been signed with Kuwait's PIC to form K-Dow Petrochemicals. PIC will pay $2bn less for their stake than originally agreed a year ago. This represents an exceptionally...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-02-2008

  • Dow buys Rohm & Haas

    Dow's potential interest in Rohm & Haas had been much rumoured since December , when it announced the petchem/polymer JV with Kuwait's PIC. That deal has yet to close, but further evidence of the growing link with Kuwait comes with the news that the Kuwait Investment Authority will invest...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-11-2008

  • The blog's first birthday

    Its now a year since the blog started. Since then, 213 postings have appeared. It is now read in 72 countries and 620 cities (shown above). Most encouragingly, readership continues to steadily increase. Since January, it has risen a further 301%. The blog's aim is to identify 'the influences...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-05-2008

  • Dow warns on US economy

    US economic conditions are 'ominous", and may worsen into 2009, according to Dow CEO, Andrew Liveris. "A month ago we might have said ... the US slowdown could be bottoming, but I don't think it is bottoming," Liveris said in response to analysts' questions at an investor conference...
    Posted to ICIS Blogs (Weblog) by Anonymous on 06-05-2008

  • Dow raises prices by up to 20%

    Dow today announced that it is raising prices for 'all of its products by up to 20 percent - depending on their exposure to rising energy, feedstock and transportation costs - and will review all terms to all customers'. Dow CEO, Andrew Liveris, said that Dow's 'first quarter feedstock...
    Posted to ICIS Blogs (Weblog) by Anonymous on 05-28-2008

  • ‘Don’t panic’ say Dow, BASF

    Its not normally a good sign when chemical industry bosses feel the need to cheerlead on the outlook for the economy. Dow’s CEO Andrew Liveris therefore caught my attention at Davos, when he told CNBC that talk of recession was ‘over-reaction’. Particularly when he then corrected himself, adding that...
    Posted to ICIS Blogs (Weblog) by Anonymous on 02-12-2008
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