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  • Kuwait "scraps" K-Dow JV

    2008 has not been a good year for M&A in the chemical sector. First, there was the collapse of Hexion's Huntsman acquisition. Today, the Kuwait government has signalled its intention to "scrap" its $17.4bn deal with Dow to form K-Dow. This is a quite extraordinary decision by a major...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-29-2008

  • Dow cuts jobs, sets out future focus

    Yesterday , Dow announced its new structure post the K-Dow JV and the planned acquisition of Rohm & Haas. This covered two main elements: • Implementation of November's cost reduction announcement • Dow's new organisation (the chart above) The cost reductions were severe, with a headline...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-09-2008

  • 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 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
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