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
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