Shell & Dow in talks on Iraq chemical plant
Royal Dutch Shell and Dow Chemical are in talks with the Iraqi government to rehabilitate and expand a chemical plant in southern Iraq.
By Agencies |
DUBAI: Royal Dutch Shell and Dow Chemical are in talks with the Iraqi government to rehabilitate and expand a chemical plant in southern Iraq at a cost of $2.1 billion, the Iraq industry minister said.
The talks on creating a joint venture or reaching a profit sharing agreement could be concluded this year, Fawzi Hariri told Reuters in Dubai on Wednesday on the sidelines of an Iraq reconstruction conference.
The talks on creating a joint venture or reaching a profit sharing agreement could be concluded this year, Fawzi Hariri told Reuters in Dubai on Wednesday on the sidelines of an Iraq reconstruction conference.
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