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Dow expands production through acquisition.

The Dow Chemical Company, Danbury, CT, has acquired the Celanese acrylates business. As a result, Dow acquired the acrylates production assets at the Celanese Clear Lake, TX facility and Celanese's acrylates product line, including intellectual property, inventory and technology for crude acrylic acid, glacial acrylic acid, ethyl acrylate, butyl acrylate, methyl acrylate and 2-ethylhexyl acrylate. In addition, Celanese will provide certain contract manufacturing services to Dow and Dow will supply acrylates to Celanese for use in its emulsions production.

Ted Coss, business vice president of Dow's Acrylic, Solvents, and Intermediates business said the transaction extends Dow's propylene chain to include acrylic acid and esters which support higher value, less cyclical downstream markets. The company now has the ability of "complete acrylic acid integration" for its super-absorbent products business, he said.

With the acquisition, Dow becomes one of the largest producers of acrylate esters. In addition to the Clear Lake plant, Dow acquired the technology of its Boehlen, Germany plant which was initially operated through agreements with Celanese. Dow also manufactures acrylates at the Union Carbide St. Charles Operations in Louisiana.
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Title Annotation:Nonwoven news: a look at what's going on the industry; Dow Chemical Co.
Publication:Nonwovens Industry
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 1, 2004
Words:180
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