Dow sells Canada caustic soda business to Univar

14 August 2007 09:14  [Source: ICIS news]

SINGAPORE (ICIS news)--Dow Chemical said it has signed an agreement to sell its caustic soda business in western Canada to Univar.

 

The sale included the West Coast Distribution Centre terminal assets which consisted of marine, rail and truck facilities in north Vancouver, British Columbia, as well as miscellaneous equipment, the US major said in a statement late on Monday.

 

Subject to regulatory approval, the transaction was expected to be completed as soon as possible, it added.

 

“Since we shut down chlor-alkali production at Fort Saskatchewan in 2006, Dow’s role in the western Canada chlor-alkali business has been one of distribution,” said Philippe Raynaud de Fitte, business vice president for chlor-vinyl and vinyl acetate monomer (VAM) at Dow Chemical Canada.

 

The company expected little or no disruption to its customers, mainly in pulp production, as their supplier changed.

 

Dow, the largest global distributor of caustic soda, is maintaining its business in the rest of the world, including eastern Canada.

 

The distribution centre was built in 1980 to be Dow Canada’s transfer facility for the increasing quantities of products made at its Fort Saskatchewan, Alberta site.

 

In October 2006, Dow shut down its chlor-alkali and ethylene dichloride (EDC) production facilities there but had continued to use the distribution centre to supply caustic soda to customers in western Canada.

By: Florence Tan
+65 6780 4359

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