Dow held a groundbreaking ceremony for a new high-value silicone resin plant to be located at the Company’s manufacturing site in Zhangjiagang, Jiangsu, China. The new facility will significantly expand Dow’s 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 Dow’s 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. “Today’s 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 Company’s confidence in the China and Asia-Pacific markets.”