28 May 2008 07:07 [Source: ICIS news]
SINGAPORE (ICIS news)--Dow Chemical will look toward using alternative feedstocks as it grows in Asia, said the president of Dow Asia Pacific on Wednesday.
"Asia is not very energy-rich. Nearly all growth is based on imported energy," said Jim McIlvenny, president of Dow Asia Pacific at the Asia Petrochemical Industry Conference (APIC).
"This gets us to look at alternative feedstocks like coal-to-chemicals, cassava, sugarcane and cellulose," he added. "Coal will be an important part of our future."
Dow is still conducting feasibility studies for a coal-to-chemicals plant in China with Shenhua, said McIlvenny. The plant will have zero water discharge, he added. Dow is also in the final stages of a feasibility study to produce ethylene from sugarcane ethanol in Brazil.
"$135 oil is putting immense pressure on us and our customers," he said. "We must help them survive and grow."
Partnering in technological development will be key to establishing a low-cost position using alternative feedstocks, said McIlvenny.
"The world has changed, but the fundamentals of success have not," McIlvenny said. "It's still all about science and technology."
APIC started on Tuesday and runs through Wednesday.
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