Related Keywords: diethylene glycol, DOW, Dow Chemical Company, EQUATE, Kuwait Olefins Company, Kuwait Styrene Company, MEG, MEGlobal, mono ethylene glycol
Dow Chemical Company (DOW) will reconfigure and reduce its equity base in the MEGlobal and Greater EQUATE joint ventures, including The Kuwait Olefins Company (TKOC) and The Kuwait Styrene Company (TKSC) in line with its prior announcement to rationalize its investments in certain joint ventures.
Dow expects this transition to be completed by mid-2015. While Dow will retain a substantial stake in these partnerships, this effort will open opportunities for new investment in these successful and growing enterprises.
