London Olympic organizers won't scrap Dow deal
Monday, November 14, 2011
LONDON (AP) -- London Olympic organizers say they have no intention of scrapping a sponsorship deal with Dow Chemical despite concerns raised in India over the company's links to the Bhopal disaster.
Indian athletes and rights organizations wrote to the London organizing committee on Monday demanding an end to its association with the U.S.-based chemical giant.
An estimated 15,000 people died after a poisonous gas leak in 1984 at the pesticide plant owned and operated by an Indian subsidiary of Union Carbide. Dow Chemical bought Union Carbide in 2001.
Dow, which denies responsibility for the Union Carbide liabilities, became one of London's global sponsors last year.
London Olympics committee chairman Sebastian Coe says "we are satisfied that Dow was not in ownership" when a $470 million compensation deal was settled.