Business | Oil & Gas

Kuwait cancels Dow Chemical deal - Rai TV

Kuwait's cabinet has cancelled a deal to form a $17.4 billion petrochemical joint venture with US firm Dow Chemical which has met with opposition in parliament, Kuwaiti television station Al Rai said on Sunday.

  • Agencies
  • Published: 17:47 December 28, 2008
  • Gulf News

Kuwait City: Kuwait's cabinet has cancelled a deal to form a $17.4 billion petrochemical joint venture with US firm Dow Chemical which has met with opposition in parliament, Kuwaiti television station Al Rai said on Sunday.

There was no immediate official confirmation of the report.

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