Dow Epoxy Advances Glycerine-To-Epichlorohydrin and Liquid Epoxy Resins Projects by Choosing Shanghai Site
Innovative Technology Provides Significant Environmental & Cost Advantages
The announcement follows the signing of a Letter of Intent (LOI) by Dow Epoxy with SCIP, and an additional LOI with Shanghai Chlor-Alkali Chemical Co., Ltd. (SCAC) and its subsidiary Shanghai Tianyuan Group Huasheng Chemical Co., Ltd. (TYHSC) for the supply of critical raw materials for both the GTE and LER plants. SCIP is located in Caojing on the north coast of Hangzhou Bay, approximately 50 kilometers (31 miles) from Shanghai city, China.
Dow Epoxy first announced its plan to build the GTE and LER plants as part of its investment plan to support rapid growth in China and the broader Asia Pacific region in August 2006.
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