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Dow holds groundbreaking ceremony for new high-value silicone resin plant in China

June 24/2019

MOSCOW (MRC) -- Dow held a groundbreaking ceremony for a new high-value silicone resin plant to be located at the Companys manufacturing site in Zhangjiagang, Jiangsu, China, as per Hydrocarbonprocessing.

The new facility will significantly expand Dows global high-value silicone resin capacity to meet increased demand for the creation of differentiated silicone products in key industries and emerging markets worldwide.

"This investment demonstrates Dows strategy to capitalize on growth and value-add opportunities. It will better position Dow to help customers grow and succeed by addressing their fast-growing needs for our differentiated silicone products," said Mauro Gregorio, business president, Consumer Solutions. "Todays groundbreaking emphasizes our ambition to collaborate and deliver materials science innovations with customers and partners throughout the global value chain."

The new high-value silicone resin plant is part of a broader investment plan announced by Dow in September 2018 to roll out a series of low capital intensity, high return investments in its silicones franchise to accelerate innovation and support global customers demand in high growth markets. It will produce high-value silicone resin, an advanced material critical to the creation of differentiated silicone products in the home and personal care, pressure sensitive adhesives, antifoams, and moldable optics for lighting markets.

Dow senior leaders Jim Fitterling, chief executive officer; Mauro Gregorio; Jon Penrice, president Asia Pacific; and Yoke Loon Lim, president Greater China were joined by customers, government representatives and other Dow employees, for the groundbreaking ceremony.

"We are thrilled to be breaking ground on this latest addition to our integrated manufacturing site in Zhangjiagang," said Yoke Loon Lim. "This new facility is a testament to our commitment to our local customers and partners, and demonstrates the Companys confidence in the China and Asia-Pacific markets."

As MRC wrote before, in June 2018, The Dow Chemical Company (Dow) announced its plan to invest in an alkoxylation facility on the US Gulf Coast. Upon completion, this new facility will support global growth in Dows core end-markets related to infrastructure and home and personal care, as well as additional end-markets where Dow continues to strengthen its position for the TRITON, TERGITOL, ECOSURF and CARBOWAX SENTRY brands.

The Dow Chemical Company is an American multinational chemical corporation. Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene, and synthetic rubber.
Author:Margaret Volkova
Tags:silicon, adhesives, Dow, China, USA.
Category:General News
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