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October 10, 2006

Dow and Nova Chemicals sue each other

Bloomberg, October 10, 2006

Nova Chemicals Corp. (NCX CN): The largest Canadian chemical maker countersued Dow Chemical Co. (DOW US), the largest U.S. producer, for $300 million as the companies accused each other of wrongfully diverting products from their Alberta joint venture. Nova rose 60 cents, or 1.7 percent, to C$35.34.

Posted by bhola at 08:42 AM | Comments (0)