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.

Topics:  midland   michigan thestreet     dow chemical   jubail industrial city   total   dow   chemicals   the   dow   dow    saudi   arabia   click   expected   units   billion   

 

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