08 November 2011 23:08 [Source: ICIS news]
HOUSTON (ICIS)--US Dow Chemical and Japan’s Mitsui have formed a biopolymers joint venture for global flexible packaging, hygiene and medical markets, Dow said on Tuesday.
“This represents the world’s largest biopolymers play and Dow’s largest investment in Brazil, a country in which Dow has operated successfully for more than 50 years,” Dow said.
Engineering and equipment fabrication for a new sugarcane-to-ethanol production facility in Santa Vitória accelerated in the third quarter of 2011 and is proceeding according to schedule, with operations expected to commence in the second quarter of 2013.
Dow announced the joint venture on 19 July.
For more on Dow and Mitsui, visit ICIS company intelligence
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