Kuwait eyes Dow, BP, Shell, for possible China plant – Haitham Haddadin

From Reuters via the Washington Post (link)

Dow Chemical Co. and either British Petroleum or Shell may be partners in a joint-venture refinery project in China that Kuwait is considering to help build, a Kuwaiti official said on Saturday.

Kuwait said in December it agreed with China to study setting up the joint venture refinery and petrochemical complex between PetroChina and a unit of state-run Kuwait Petroleum Corp.

The plant is estimated to cost about $5 billion.