Kuwait cancels $17 billion deal with Dow Chemical
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20081229/2008_12_28t155813_450x327_us_kuwait_dow.jpg?x=130&y=94&q=85&sig=P46lyRjbnA90gZq2gjP2GQ--" align="left" height="94" width="130" alt="Kuwait's Oil Minister Mohammad al-Olaim (C), talks to the media about the status of the joint venture project between Kuwait Petroleum Company's subsidiary, Petroleum Industries Company (PIC) and US-based Dow Chemical for a petrochemical joint venture called KDOW, in Kuwait City on December 22,2008. (Stephanie McGehee/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20081228/bs_nm/us_kuwait_dow)Reuters - Kuwait decided on Sunday to scrap a deal to form a $17.4 billion petrochemical joint venture with U.S. company Dow Chemical .</p><br clear="all"/>
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