Dow Chemical to build world-scale Texas ethylene plant

19 April 2012 13:29  [Source: ICIS news]

DowLONDON (ICIS)--Dow Chemical will build a new world-scale ethylene plant in Freeport, Texas, which is scheduled to start-up in 2017, the US chemical producer said on Thursday.

“Constructing this new ethylene cracker at Dow Texas Operations will create a long-term advantage for our downstream businesses and for our company as a whole, and the benefits will accrue not only to Dow but to the state and national economy,” said chairman and CEO Andrew Liveris.

Dow said the new plant formed part of its plan to further connect US operations with cost-advantaged feedstocks from increasing supplies of shale gas.

“For the first time in over a decade, US natural gas prices are affordable and relatively stable, attracting new industry investments and growth and putting us on the threshold of an American manufacturing resurgence,” Liveris added.

The company did not release financial or capacity details.



By: Graeme Paterson
+44 20 8652 3214



AddThis Social Bookmark Button

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.

Printer Friendly

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