Dow plans to expand facilities in Texas, Michigan and Europe
The company will complete a $6 billion expansion in Freeport, which includes a 1.5 million tons/year of ethylene cracker. The cracker will increase the company’s ethylene production capacity to 2 million tons/year and make it the world’s largest ethylene facility. The cracker was reportedly completed in March but yet to start commercial operations.
The company will also build a 600,000 tons/year of plastic plant either in Freeport or in Louisiana while it is planning to increase the capacity of its PE facilities in the US by 350,000 tons/year.
Among the company’s new investments, there is a 450,000 tons/year plastics facility in Europe, the details of which have not been revealed yet.
The company’s merger with DuPont, with the name of DowDuPont, is also planned to be completed in August 2017, which will later be divided into three separate companies.
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