Chemical giant Dow Chemical Company (NYSE:DOW) won $2.16 billion award as compensation from the International Court of Arbitration of the International Chamber of Commerce in a dispute with Petrochemical Industries Co. of Kuwait. The Court’s ruling against Petrochemical Industries Co (PIC) of Kuwait is final and binding.
Kuwait backed out from the “K-DOW” joint venture as the economy went into a deep recession about four years ago. As a result, Kuwait cancelled its agreement to buy a stake … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards