Volume 87 Issue 5 | p. 16 | Concentrates
Issue Date: February 2, 2009

Equipolymers To Divest In Italy

Department: Business

Equipolymers, the joint venture between Dow Chemical and Petrochemical Industries Co. of Kuwait plans to divest its polyethylene terephthalate resins and purified terephthalic acid operations in Ottana, Italy, because of disappointing financial results. The partners have formed a task force to explore divestiture options, says Graham Fox, president and CEO of Equipolymers. The sale will leave the venture with only two PET plants in Schkopau, Germany.

 
Chemical & Engineering News
ISSN 0009-2347
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