19 December 2007 11:07 [Source: ICIS news]
SHANGHAI (ICIS news)--Dow Chemical expects its turnover in China to continue to grow more than 15% a year in the next couple of years, chairman and CEO Andrew Liveris said on Wednesday in Shanghai.
With sales revenue reaching $2.7bn in 2006, Greater China is Dow’s third largest market.
“The revenue growth rate of Dow in ?xml:namespace>
Liveris outlined Dow’s strong commitment to
“Dow has so far invested more than $
The centre will house up to 1,600 employees and will become a major business and innovation centre for Dow in the Asia-Pacific region, said Liveris.
Dowrecently announced a land reservation at Shanghai Chemical Industrial Park (SCIP).
The project envisages construction of a world-scale 150,000 tonne/year glycerine-to-epichlorohydrin (GTE) plant and a 100,000 tonne/year liquid epoxy resins (LER) plant at SCIP, approximately 50 kilometres from
Liveris added that he expects
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections