2013-2014 Exhibitions
As part of its focused investment strategy on the US Gulf Coast to integrate advantaged shale gas, Dow Chemical has confirmed locations for expanding four of the company’s materials in Texas and Louisiana. In Texas, the firm will expand capacity for its Elite PE and high melt index Affinity polyolefin plastomers, while in Louisiana it will increase capacity for its Agility LDPE and Nordel metallocene EPDM.
These actions, together with the Company’s collective, high-return investments in this region, are expected to drive strong revenue growth and generate approximately US$2.5 billion in EBITDA once fully operational, enabling Dow to address growing customer and value chain demand in attractive markets such as food packaging, transportation and infrastructure, hygiene and medical, and electrical and telecommunications markets globally.
Construction is scheduled to begin soon on these investments, which were initially announced in March 2013, and are aligned with Dow’s Performance Plastics franchise.
(PRA)
