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Web Date: October 24, 2006

Dow Investing In Thailand

New ethylene cracker is latest move in an aggressive strategy of foreign joint ventures
Department: Business

Dow Chemical says it is moving forward with plans to build a $1.1 billion liquid-feedstock-based ethylene cracker in Rayong, Thailand, with the country's Siam Cement Co.

The plant, which is expected to come onstream in 2010, will be located near Dow's existing joint ventures with SCC in Map Ta Phut, Thailand. Dow is considering a propylene oxide plant, based on the hydrogen peroxide-based process it developed with BASF, downstream from the unit. . . .

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