PHILADELPHIA — In a statement Rohm and Haas asserts that the completion of the K-Dow Petrochemicals partnership between Dow Chemical and Petrochemicals Industries Company of Kuwait is not a closing condition for the proposed merger between Rohm and Haas and Dow Chemical.
Rohm and Haas and Dow Chemical entered into a definitive agreement on July 10, 2008 providing for the acquisition of Rohm and Haas by Dow, subject to the terms of that agreement. Rohm and Haas Company shareholders approved this agreement on October 29, 2008. Rohm and Haas continues to work towards the completion of this agreement.