In 2007, Dow Chemical and Kuwait Petroleum Corporation has announced plans to launch a multi-billion dollar joint venture. Later known as K-Dow Petrochemicals, it will be one of the largest manufacturers of chemicals and plastics in the world. Analysts broadly welcomed the planned joint venture as a game-changing deal for both companies. Shortly after the announcement, the cable network CNBC requested an interview with Andrew Liveris, CEO of Dow, this massive deal. Liveris had to decide how to respond. This case provides a brief background on the industry, both companies, as well as plans for the joint venture as of January 2008. "Hide
by Guhan Subramanian, James K. Sebenius, Phillip Andrews, Rhea Ghosh Source: Harvard Business School 17 pages. Publication Date: September 9, 2011. Prod. #: 912002-PDF-ENG
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