New capacity to support global growth in industrial, infrastructure,
and home and personal care markets; expected to come online in 2021
MIDLAND, Mich.--(BUSINESS WIRE)--
Dow (NYSE: DOW) announced today plans to expand its alkoxylation
capacity at its existing facility in Tarragona, Spain directly
benefiting the Europe, Middle East, Africa and India region. This low
capital intensity, high return, incremental investment builds on the previously
announced alkoxylation capacity expansion on the U.S. Gulf Coast, to
support growing demand and advance Dow’s leading positions in attractive
consumer, industrial, and infrastructure markets growing above GDP.
“New Dow’s more focused, agile, and market-oriented structure enables
deeper collaboration with customers and faster response to market
opportunities and capacity constraints,” said Ester Baiget, business
president of Dow Industrial solutions. “This new capacity optimizes our
existing asset infrastructure to enable growth at our customers. It is a
true testament to our dedication and passion for seeking solutions that
will benefit our customers, our markets and the communities in which we
live and work.”
Dow’s versatile alkoxylation franchise upgrades basic chemical building
blocks in order to produce safe ingredients for cosmetics, household and
industrial cleaning, paints and many other products for everyday use.
This incremental investment will expand Dow’s production of high-quality
lubricants, defoamers, specialty surfactants and ethoxylates.
About Dow
Dow (NYSE: DOW) combines one of the broadest technology sets in the
industry with asset integration, focused innovation and global scale to
achieve profitable growth and become the most innovative, customer
centric, inclusive and sustainable materials science company. Dow’s
portfolio of performance materials, industrial intermediates and
plastics businesses delivers a broad range of differentiated
science-based products and solutions for our customers in high-growth
segments, such as packaging, infrastructure and consumer care. Dow
operates 113 manufacturing sites in 31 countries and employs
approximately 37,000 people. Dow delivered pro forma sales of
approximately $50 billion in 2018. References to Dow or the Company mean
Dow Inc. and its subsidiaries. For more information, please visit www.dow.com
or follow @DowNewsroom
on Twitter.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190425005737/en/
Kayli Goss
Dow
[email protected]
989-636-7271
Katie Weaver
G&S Business Communications
[email protected]
212-697-2600
Source: Dow