Dow Epoxy to Invest US$200 Million to Accelerate Growth in China

14-Aug-2006

Dow Epoxy, a business unit of The Dow Chemical Company, announced plans to invest more than US$200 million over the next five years in manufacturing and R&D facilities in China. Dow Epoxy is a leading global supplier of epoxy resins and related feedstock products with 10 manufacturing facilities worldwide, including plants in Zhangjiagang, Jiangsu Province, China; Gumi, South Korea; and Kinu Ura, Japan.

To support continued growth in China and the broader Asian region, Dow Epoxy plans to build a 100,000 MTPA world-scale liquid epoxy resins (LER) plant at its existing site in Zhangjiagang, and a 150,000 MTPA epichlorohydrin (ECH) plant in a soon-to-be-announced site also in China. Both units are expected to start up in the 2009-2010 timeframe. At the same time, Dow Epoxy plans to expand the capacity of its converted epoxy resins (CER) plant in Zhangjiagang from its current 41,000 MTPA to 75,000 MTPA. In another related move, Dow Epoxy will also establish a Global Application Development Center in China, further strengthening customer support in China and across the region.

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