Volume 95 Issue 20 | p. 14 | News of The Week
Issue Date: May 15, 2017 | Web Date: May 11, 2017

Dow unveils $4 billion in new projects

Outlays are clustered around the Gulf Coast, but the company also has money for Europe and Michigan.
Department: Business
Keywords: investment, Dow, petrochemicals, Gulf Coast, polyethylene

At its annual shareholders meeting this morning, Dow Chemical announced a five-year, $4 billion round of investments on the U.S. Gulf Coast and beyond.

The company will add two furnaces at an ethylene cracker set to open later this year in Freeport, Texas. The additional equipment will expand the cracker’s capacity by one-third to 2 million metric tons per year, making it the largest ethylene plant in the world, Dow says.

The company will also . . .

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