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buddy - love the fact that you're so strongly pro Dow etc etc - but you're double counting in this case - the $26bn thats being mentioned is being raised for the Ras Tanura project not for "another" joint venture.
Jul 08 09:43 am
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All Comments by domink »Dow Chemical JV with Saudi Aramco: Could It Be? [View article]
Also while Dow will grow in the middle east - there isnt room in Saudi for another JV with Aramco - Aramco has four large refineries - Yanbu, Rabigh, Jubail and Ras Tanura and the first three already have chemical plants with partners - Exxon, Sumitomo and Shell.
So for all of liveris's far sightedness etc etc Dow is actually very late into the petchem game in Saudi Arabia.