09 March 2012 03:50 [Source: ICIS news]
HOUSTON (ICIS)--US-based Dow Chemical will reveal the site of its new cracker in April, the company's chief executive said on Thursday.
“We plan to build a new ethane cracker, and we'll announce that here in April where it will be located,” said Andrew Liveris, Dow chief executive. He made his comments during the IHS CERAWeek energy conference.
“That's the first one we'll be building here in over a decade,” he said.
In February, Dow said its new ethane cracker will be a brownfield project, and it would most likely build it in Texas.
At the time, Dow said it was planning to start operating the ethane cracker in 2016-2017.
IHS CERAWeek ends on Friday.
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|