Dow Advances Strategy in Asia Pacific
The Dow Chemical Company (Dow) announced that it plans to move ahead with a joint venture liquids cracker in Thailand; an asset light project in a key emerging geography that will provide propylene and other building blocks to help drive the growth of the Company's Performance businesses across Asia Pacific. The new facility will be developed jointly with The Siam Cement Public Company Limited (SCC).
A number of down-stream facilities shall be developed by Dow in conjunction with the new development. Among those under consideration are a hydrogen peroxide to propylene oxide (HPPO) plant and a range of PO derivatives. PO is used to produce propylene glycol, polyurethanes and glycol ethers.
Importantly, the proximity of the new facility to the existing Dow-SCC complex at Map Ta Phut in Rayong province shall enable existing assets, capabilities and infrastructure to be leveraged, creating a source of advantaged raw materials for downstream derivatives businesses.
The cracker, which is expected to commence operations in 2010 is the latest in a series of joint venture projects between Dow and SCC.
Other news from the department manufacturing
