18 March 2008 15:39 [Source: ICIS news]
LONDON (ICIS news)--Major producer Dow Chemical will switch to producing just ethylene oxide (EO) at its Terneuzen, Netherlands unit, halting monoethylene glycol (MEG) output by the end of 2008, according to a company press release on Tuesday.
In 2009, the company plans to boost efficiency of its purified EO output by 22% while reducing emissions from the plant.
“This project is aligned with Dow’s strategy to transform less cost-effective investments into opportunities with higher growth potential,” said Lee Christens, global business director for EO and MEG.
With new MEG capacity coming online in Asia and the ?xml:namespace>
This was one factor in Dow’s decision, said Christens.
“The transition to EO-only is an example of Dow’s commitment to further grow its performance businesses, such as polyurethanes, through an increased supply of competitive-cost raw materials,” added Christens.
In September, 2007, Dow said it would expand its polyols plant in Terneuzen.
Dow’s MEG and EO capacity at Terneuzen was rated at 170,000 tonnes/year and 165,000 tonnes/year respectively by ICIS plants and projects.
For more on EO and MEG visit ICIS chemical intelligence
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