...and invests in epoxy in China

August 16, 2006
Dow Epoxy plans to invest more than $200 million over the next five years in manufacturing and R&D facilities in China. To support continued growth in China and the broader Asian region, Dow Epoxy plans to build a 100,000-tonnes/yr world-scale liquid epoxy resins (LER) plant at its existing site in Zhangjiagang. The unit is expected to start up in the 2009-2010 timeframe. At the same time, Dow Epoxy plans to expand the capacity of its converted epoxy resins (CER) plant in Zhangjiagang from its current 41,000 tonnes/yr to 75,000 tonnes/yr.

In another related move, Dow Epoxy will also establish a Global Application Development Center in China, further strengthening customer support in China and across the region. Scheduled to begin activities in the first quarter of 2007, the center has been designed to meet the increasing demand for the Dow Epoxy products and technologies in China and the broader region, and will serve as a base for ongoing product research and development.

"China is the world''s fastest growing market for epoxy products and, together with other Asian markets, plays an important role for Dow and our customers. The new investments demonstrate our confidence and commitment to the China market and to our customers," says Patrick Ho, business vice president, Dow Epoxy.

Dow Epoxy currently has 10 manufacturing facilities worldwide, including plants in Zhangjiagang, Jiangsu Province, China; Gumi, Korea; and Kinu Ura, Japan.

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