Akin Gump Advises Dow Chemical on Two Landmark Transactions
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Akin Gump recently completed two landmark transactions on behalf of The Dow Chemical Company. In late 2010, Akin represented Dow in the formation of a joint venture with Mitsui & Co., Ltd., combining the strengths of two global companies to construct, own and operate a $910 million chlor-alkali plant on the U.S. Gulf Coast. The team subsequently represented Dow and the joint venture, Dow-Mitsui Chlor Alkali, LLC, in a $677 million project financing to fund the construction of the plant. Dow has described the joint venture a key milestone in the execution of its long-term strategy.