08 December 2011 17:35 [Source: ICIS news]
HOUSTON (ICIS)--Dow Chemical plans to expand its cellulosic ether production capacity in order to meet increasing global demand, the US-based company said on Thursday.
The US-based company has announced that it will conduct a feasibility study prior to the expansion. Dow would not say where or when the expansion will take place.
“We want to see what makes sense for us,” said company spokeswoman Lindsay Torriero. “We also want to make sure our customers are aware that we are committed.”
She said there is no definitive timeline for the study.
Dow plans to use the additional cellulosic ether mostly for construction applications in the Asia Pacific region, the company said.
“Global demand for cellulosics in the construction industry grew nearly 15% in the past year alone, outstripping global supply,” Dow said.
“In the next 10 years, the construction industry is projected to grow nearly 7% per year in China and South Asia alone,” the company added.
Cellulosic products are used in the building and construction industry as thickening agents to enhance sag resistance, water retention, adhesion and workability in dry mix applications, such as tile adhesives and grouts and tape joint compounds.
For more on Dow Chemical visit ICIS company intelligence
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections