Dow moves ahead on US propylene unit based on shale gas

摘要

Dow Chemical has announced that its Board of Directors has authorised capital to finalise detailed engineering and purchase long lead-time equipment for a new, world-scale propylene production facility to be constructed at its Texas site. Dow is looking to increase its ethylene and propylene production in US taking advantage of low-cost feedstock opportunities available from increasing supplies of shale gas. "This authorisation marks yet another significantmilestone in Dow's comprehensive plan to create competitive advantage for our downstream Performance Materials and Advanced Materials businesses by fur-ther connecting our US operations with cost-advantaged feedstock," said Mr. Jim Fitterling, Executive Vice-President of Dow and President of Feedstocks & Energy and Corporate Development.