14 June 2012 18:34 [Source: ICIS news]
HOUSTON (ICIS)--Producers will likely follow through on up to six out of all the plans to build crackers in the US, with Dow Chemical being one of them, an executive with the company said on Thursday.
"We will be one of those five or six crackers," said Bill Weideman, chief financial officer for Dow.
Weideman spoke during the Deutsche Bank Global Industrials and Basic Materials Conference.
If Dow's forecast holds true, that would leave up to two more crackers to be built in the US.
Shell is studying a site in Pennsylvania for a possible cracker.
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