Comment on Dow Plans $20B Saudi Chemicals Complex

Dow Plans $20B Saudi Chemicals Complex

MIDLAND, Michigan (TheStreet) -- Dow Chemical and Saudi Arabian Oil plan to form a joint venture to build a chemicals complex in Jubail Industrial City, Saudi Arabia. Total investment for the project will be $20 billion. Construction is expected to begin immediately and the first production units will come on line in the second half of 2015, Dow said in a statement Monday.

 

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