12 September 2018
DETAILS
The Dow Chemical Company (Dow) today announced
new low capital intensity, high return investments
in its upstream and downstream silicones franchise
to accelerate innovation
and support global customers’ demand
in high growth markets, such as
electrical and industrial,
consumer goods and components assembly.
The investment plans include:
- A series of incremental siloxane debottleneck
and efficiency improvement projects
over the next three years
to further increase capacity and efficiency
in Dow’s siloxane manufacturing facilities
around the world. - A new hydroxyl functional siloxane polymer plant
in Carrollton, Kentucky, which will increase
Dow’s polymer capacity in the Americas by 65%,
providing the latest technology
to accelerate innovation with customers. - Additional expansion projects to increase capacity
in Dow’s high-value performance silicones products
and intermediates.
This includes a new specialty resin plant
in Zhangjiagang, Jiangsu, China, which will provide
resin intermediates forhigh value silicone products,
including home and personal care,
pressure sensitive adhesives, antifoams,
and moldable optics for lighting.
In addition, the company also announced
the start of a feasibility study for
the construction of a new, world-scale siloxane plant.
The geographic location of the new proposed siloxane facility
will be determined as an outcome of the feasibility study.
As a global leader in innovation
and silicone-based technology,
Dow already operates nearly
twenty silicones manufacturing facilities globally, including
three world-scale siloxane manufacturing facilities,
located in
* Carrollton, Kentucky, U.S.A.,
* Barry, Wales, United Kingdom
* Zhangjiagang, Jiangsu, China.
chief executive officer of
The Dow Chemical Company and
chief operating officer
for the Materials Science Division of DowDuPont
“The projects we are announcing today support
our ability to continue to meet strong global demand
for Dow’s silicones materials, enabling us
to grow and innovate more quickly
with customers and advancing our leading positions
in our targeted end-markets,”
“Further, these targeted investments are expected
to deliver fast paybacks
and higher return on invested capital for Dow,
contributing to greater earnings and cash generation.”
Mauro Gregorio,
Business president, Dow Consumer Solutions
“Dow is committed to our ongoing investment
in both upstream and downstream assets
to bring a reliable supply to our customers,” .
“As an essential addition to
Dow’s global silicones manufacturing footprint,
the proposed new siloxane plant will expand
our access to differentiated
monomers and intermediates around the world,
while strengthening our capabilities
to accelerate and execute our strong innovation pipeline.”
Dow Consumer Solutions
Cathy Yang
+1 (989) 496.6965
Cathy.Yang@dow.com
or
The Dow Chemical Company
Guillaume Artois
+1 (989) 633.4573
GArtois@dow.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
