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DuPont Dow Elastomers to be dissolved, assets split.(News)

Publication: European Rubber Journal
Publication Date: 01-JAN-05
Format: Online - approximately 621 words
Delivery: Immediate Online Access

Article Excerpt
Byline: Liz White

Dow Chemical Co. and DuPont Co. are to dissolve their 50:50 DuPont Dow Elastomers llc joint venture, set up with high optimism in 1995/6, and split the assets between them.

Dow Chemical is exercising an option to sell its stake to DuPont and keep various assets of...

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...the JV. Dow negotiated this option following the revelation that DuPont Dow Elastomers was involved in an EPDM price-fixing investigation.

DuPont, meanwhile, took the lead responsibility for dealing with DuPont Dow's involvement in this antitrust investigation and price-fixing litigation.

The assets Dow...

NOTE: All illustrations and photos have been removed from this article.



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