Dow Chemicals Co.’s plan to give West Virginia University 58 acres of South Charleston real estate and lab space valued at $25 million has fallen through.
Dow’s Union Carbide subsidiary blamed the cancellation on insurance problems in a statement issued July 17. Dow says neither side could agree on insurance that satisfied both parties and decided to cancel the donation July 10.
Union Carbide agreed to give the property to WVU last August for a new Charleston research campus focused on energy and chemical technology.
Dow cut back activities in South Charleston as it consolidates U.S. operations.
Topics Education Virginia Universities Chemicals
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Viewpoint: Boom in Hyperscale Data Centers Puts Re/Insurers to the Test 
Intersecting Risks and the Future of Construction Insurance 
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
