Dow Chemical Is in Talks on Turkish Plastics Venture

June 24 (Bloomberg) — Dow Chemical Co., the largest U.S. chemical maker, said it’s in talks on taking part in a Turkish venture that would require billions of dollars in investments.

Local companies are involved in preliminary discussions on setting up a plastics-manufacturing joint venture, Kostas Katsoglou, Dow’s head of eastern European and Russian operations, said today in an interview at a conference in Istanbul. No decision is expected this year, and Dow is still accessing the extent of its participation, he said.