London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950

Our Clients

Order Informer

Home > News >

Dow to invest an additional USD125 mln in Thai operation

March 27/2012
(plastemart) -- Dow Chemical Co plans to invest an additional USD125 miln into its Thai operations, strengthening the country's role in transforming the US-based firm from a manufacturer of basic chemicals to a maker of specialty products.

The new investment follows the recent completion of Dow's USD3 bln Thai Growth Project that began in 2006. Two new projects are set to finish construction this year Ц a USD100 mln propylene glycol (PG) plant with an annual capacity of 150,000 tons and a USD25 mln polyolefin encapsulant film factory to produce materials for solar panels.

Last week saw the inauguration of the Thai Growth petrochemical complex at the Asia Industrial Estate in Map Ta Phut. Built with investment partners Siam Cement Group and the Belgium-based Solvay, the complex comprises five downstream plants producing polyethylene, specialty elastomer, hydrogen peroxide and propylene oxide. The investments have made Thailand the largest manufacturing centre for Dow in Asia-Pacific.
Author:Anna Larionova
Tags:PE, propylene.
Category:General News
| More

Leave a comment

MRC help


 All News   News subscribe