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Kuwait buys 50% of Dow Chemicals basic plastic division
The venture includes all Dow's plants that make polyethylene, polypropylene and polycarbonate plastics. 22% of Dow's last year's sales came from that unit. Dow Chemical shares rose $2.64, or 6.3 percent, to $44.39 Thursday. It was the biggest percentage increase since October 2002.All the billions spent importing oil have to come home to roost sometime. Posted by: Anguper Hupomosing9418 2007-12-14 |
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