Dow mulls MDI projects in Saudi Arabia, China

08 February 2011 23:45  [Source: ICIS news]

HOUSTON (ICIS)--Dow Chemical may pursue methyl di-p-phenylene isocyanate (MDI) projects in Saudi Arabia and China, a development to which the company had no immediate comment on Tuesday.

The possible MDI projects were discussed during Dow's conference call, held last Thursday.

"Yes, so MDI, which is tight, as you know, I mean that clearly is something that we won't build anything new," said Dow CEO Andrew Liveris.

"They take a long time to build, and they're tricky facilities, so Saudi is our next big tranche," he said.

"So between now and then on MDI, in particular, we're working with others in the industry. We're not losing any ability to grow because of our arrangements that we have out in the industry," Liveris said.

"We know we'll have to put an MDI tranche in the Saudi facility in particular and ultimately the China facility," he said.

A Dow spokesman did not elaborate on Liveris's comments.

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By: Al Greenwood
+1 713 525 2645



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