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Dow to build new ethylene production plant in Texas

April 23/2012
(dow) --  Dow Chemical Company will construct a new world-scale ethylene production plant at Dow Texas Operations in Freeport, TX, as part of Dow's previously announced comprehensive plan to further connect its U.S. operations with cost-advantaged feedstocks available from increasing supplies of U.S. shale gas.

The new ethylene production facility at Dow Texas Operations will employ up to 2,000 workers at its construction peak. This decision marks another significant milestone in the Company's strategy to further develop the competitive advantage for Dow's Performance Plastics, Performance Materials and Advanced Materials businesses by expanding access to low-cost natural gas-based feedstocks, which are used in the production of Dow products that are essential to over a dozen consumer markets.

"For the first time in over a decade, U.S. natural gas prices are affordable and relatively stable, attracting new industry investments and growth and putting us on the threshold of an American manufacturing resurgence," said Andrew N. Liveris, Dow Chairman and Chief Executive Officer.

 

mrcplast.com

Author:Anna Larionova
Tags:ethylene, Dow.
Category:General News
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