Dow Epoxy chooses Shanghai for new plant.Dow Epoxy has selected Shanghai Chemical Industrial Park (SCIP) as the site for its worldscale 150,000-MTPA glycerine-to-epichlorohydrin (GTW) plant and 100,000-MTPA liquid epoxy resins (LER) plant. Both plants are slated to start up between 2009-2010. The announcement follows the Letter of Intent (LOI) by Dow Epoxy with SCIP, and an additional LOI with Shanghai Chlor-Alkali Chemical (SCAC) and its subsidiary Shanghai Tianyuan Group Huasheng Chemical for the supply of raw materials for both plants. "The selection of site and raw material partnership marks a key milestone toward starting up our GTW and LER plants in China by 2009-2010," said Patrick Ho, business group president, Dow Epoxy and Specialty Chemicals. "The new plants will provide the in-market capabilities required to accelerate our growth and the growth of our customers. SCIP is a well-established industry park with the world-class management and integration capability and SCAC/TYHSC are strong and reputable companies. We are very pleased to have SCIP and SCAC/TYHSC as our new partners." |
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