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 Virginia Education Universities Chemicals West Virginia
Was this article valuable?
Here are more articles you may enjoy.
As Rates Rise, Majority of Homeowners Say Insurance Industry Is in Crisis: Survey 
State Farm Seeking Large Rate Increases in Wildfire-Prone California 
Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps 
Changes at American Coastal Insurance After Florida OIR Action on ‘No-Fly List’ 
