Page 42 - Plastics News September 2018
P. 42

COMPANY NEWS




             Dow to invest in  its upstream and downstream silicones production



                 he Dow Chemical Company (Dow) announced new        support our ability to continue to meet strong global
              Tlow capital intensity, high return investments in its   demand for Dow’s silicones materials, enabling us to grow
              upstream and downstream silicones franchise to accelerate   and innovate more quickly with customers and advancing
              innovation and support global customers’ demand in high   RXU OHDGLQJ SRVLWLRQV LQ RXU WDUJHWHG HQG PDUNHWV µ VDLG
                                         growth markets, such as    -LP )LWWHUOLQJ  FKLHI H[HFXWLYH RIÀFHU RI 7KH 'RZ &KHPLFDO
                                         high performance building,   &RPSDQ\  DQG  FKLHI  RSHUDWLQJ  RIÀFHU  IRU  WKH  0DWHULDOV
                                         home and personal care,    6FLHQFH 'LYLVLRQ RI 'RZ'X3RQW  ´)XUWKHU  WKHVH WDUJHWHG
                                         electrical and industrial,   investments are expected to deliver fast paybacks and
                                         consumer goods and         higher return on invested capital for Dow, contributing to
                                         components assembly.       JUHDWHU HDUQLQJV DQG FDVK JHQHUDWLRQ µ ,Q DGGLWLRQ  WKH
                                         A series of incremental    company also announced the start of a feasibility study
                                         siloxane debottleneck and   for the construction of a new, world-scale siloxane plant.
                                         efficiency improvement     The geographic location of the new proposed siloxane
                                         projects over the next     facility will be determined as an outcome of the feasibility
                                         three years to further     VWXG\  ´'RZ LV FRPPLWWHG WR RXU RQJRLQJ LQYHVWPHQW LQ
                                         increase capacity and      both upstream and downstream assets to bring a reliable
                                         HIÀFLHQF\ LQ 'RZ·V VLOR[DQH   VXSSO\ WR RXU FXVWRPHUV µ VDLG 0DXUR *UHJRULR  EXVLQHVV
              manufacturing facilities around the world.A new hydroxyl   SUHVLGHQW   'RZ  &RQVXPHU  6ROXWLRQV   ´$V  DQ  HVVHQWLDO
              functional siloxane polymer plant in Carrollton, Kentucky,   addition to Dow’s global silicones manufacturing footprint,
              which will increase Dow’s polymer capacity in the Americas   the proposed new siloxane plant will expand our access to
              by 65%, providing the latest technology to accelerate   differentiated monomers and intermediates around the
              innovation with customers. Additional expansion projects   world, while strengthening our capabilities to accelerate
              to increase capacity in Dow’s high-value performance   DQG H[HFXWH RXU VWURQJ LQQRYDWLRQ SLSHOLQH µ$V D JOREDO
              silicones products and intermediates. This includes a new   leader in innovation and silicone-based technology, Dow
              specialty resin plant in Zhangjiagang, Jiangsu, China,   already operates nearly twenty silicones manufacturing
              which will provide resin intermediates for high value   facilities globally, including three world-scale siloxane
              silicone products, including home and personal care,   manufacturing facilities, located in Carrollton, Kentucky,
              pressure sensitive adhesives, antifoams, and moldable   8 6 $   %DUU\  :DOHV  8QLWHG .LQJGRP DQG =KDQJMLDJDQJ
              RSWLFV IRU OLJKWLQJ  ´7KH SURMHFWV ZH DUH DQQRXQFLQJ WRGD\   Jiangsu, China.



                                           Your feedback matters...

                     Do let us know what you feel about this issue of Plastics News.
                              Send us your thoughts at publication@aipma.net


                                                 Thank you, in advance.

                                 For Advertisements kindly contact:

                                  Ms. Priyanka H. Sakpal - +91 22 6777 8817
                                                  priyanka@aipma.net






              Plastics News  September 2018     42
   37   38   39   40   41   42   43   44   45   46   47