Business Services Industry
Dow plans Chinese epoxy investment.(COMPANY NEWS)
High Performance Plastics, October, 2006
Dow Epoxy--a business unit of Dow Chemical Co, USA--is planning to invest more than $200 million in China over the next five years.
Under the investment plan, the company is to build a 100 kt liquid epoxy resins plant at its existing site in Zhangjiagang, and a 150 kt epichlorohydrin plant at another site that has yet to be announced, both expected to start up in 2009-2010.
At the same time, the company plans to expand the capacity of its converted epoxy resins plant in Zhangjiagang from its current 41 kt to 75 kt. In another related move, Dow Epoxy says it will establish a global application development centre in China.
The epichlohydrin plant will be the first to use a new Dow proprietary glycerine-to-epichlorohydrin technology. Glycerine is...
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