Click to play videoLondon: Hours after the London Olympics Organising Committee said that Dow Chemicals would remain the official sponsor of the 2012 London Olympics, the company issued a statement clarifying its position with regard to the Bhopal gas tragedy.
Dow has said that it never owned or operated the Bhopal plant, and neither did the company acquired any part or issues related to it.
The company further said, "The settlement between the Government of India, Union Carbide and Union Carbide India Limited occurred in 1989, long before Dow acquired the shares of Union Carbide in 2001."
It also said that those trying to connect Dow to the incident were misinformed or misguided.
The statement from Dow came after London Olympics Organising Committee chief executive Paul Deighton it was absolutely comfortable with Dow's position as sponsor for the event.
The organising committee also said that the clean up of the Bhopal site was the responsibility of the Indian government.
However, on Thursday, the head of the Olympics Ethics Panel, Meredith Alexander, had submitted his resignation over the issue.
In India, Bhopal gas tragedy activist Satinath Sarangi responded to the development by saying, "It shows how shameless the Olympics Organising Committee can be."
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