Akin Gump Advises Dow Chemical on Two Landmark Transactions
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.