Dow Chemical launches new production complex in Thailand
Dow Chemical Company has launched a new production complex in the Asia Industrial Estate (AIE), Ban Chang, Rayong province, Thailand.
The new production complex, which forms part of an investment totaling over $3bn, is a joint venture (JV) project between Dow, SCG, and Solvay, under the project name 'Thai Growth Project'.
Announced in 2006, the project includes an advanced naphtha cracker plant, operated by Map Ta Phut Olefins, a JV between Dow and SCG Chemicals.
The project also includes downstream facilities which produce polyethylene (SPEII), specialty elastomers, propylene oxide and hydrogen peroxide, operated by Solvay.
Solvay chemicals sector group general manager and executive committee member Vincent De Cuyper said, "Solvay is proud to be a partner in this exciting, world-class hydrogen peroxide plant in Thailand, and looks forward to continue sharing its hydrogen peroxide technology with Dow in other regions of the world."
Dow Chemical Company chairman and chief executive officer Andrew Liveris said, "The success of the Thai Growth Project has enabled Thailand to become the largest Dow manufacturing hub in the Asia Pacific, and underlines Dow's commitment to continue long-term investment in Thailand."
SCG Chemicals, a subsidiary of SCG, manufactures and supplies chemical products ranging between upstream, intermediate and downstream chemicals.
Image:Dow Chemical Corporate headquarters in Midland, Michigan, US.