The oil group ENI and the American company DOW CHEMICAL will carry out a huge share swap. According to the terms of the agreement, ENI will sell the polyurethane division of its chemical subsidiary ENICHEM for a total of EUR 400 million. This division represents a turnover of USD 500 million. The Italian group will acquire, in exchange, the 50% stake held in UNION CARBIDE (in the process of merging with DOW CHEMICAL) in the joint venture POLIMERI EUROPA (turnover of EUR 1.8 billion in 2000),...