Industry News

Dow expands operations in Egypt to meet growing customer demand

Published on 2007-04-23. Author : SpecialChem

Dubai, UAE -- The Dow Chemical Company, the world's leading science and technology company, opened a new polyurethane systems market development and prototyping laboratory in Egypt. The polyurethane systems market development and prototyping laboratory will help create new products that meet the growing needs of the local customer base across Middle East, India and Africa.

Earl Shipp, President Basic Chemicals, The Dow Chemical Company inaugurated the new laboratory stating, "Dow is committed to establishing facilities and state-of-the-art petrochemical complexes with strategic local partners. The Middle East, India and Africa are strategically vital to Dow's growth and the expansion of our site in Egypt is an essential part of our growth strategy and plans."

Juan Antonio Merino, General Manager Dow Polyurethane Systems added, "As a business we are committed to growth. We are investing in new products, in new markets and our strategy for this is twofold: we are adding to our current global network of facilities market development and prototyping laboratories, like the one inaugurated in Cairo, to be closer to our customer base and satisfy their needs in a fast and effective way; and we are focusing on strategic acquisitions - like the recently-announced acquisition of Hyperlast UK Limited which is still pending regulatory approval. Hyperlast UK is a market leader in specialty polyurethane elastomers and complements our technologies and puts us in a strong position in the specialty polyurethane markets."

The new market development and prototyping laboratory that Dow Polyurethane Systems opened will support the continuous development of innovative polyurethane-based fully formulated products to serve a vast array of applications while the polyurethane systems facility will continue manufacturing and commercializing products for diverse applications including appliances, building & construction, footwear applications, coatings adhesives sealants and elastomers for a wide variety of applications including the oil and gas industry, and flexible systems for the furniture and transportation industries.

Dow launched the Dow Export office in Egypt over 30 years ago and opened Dow Mideast Systems and the polyurethane systems facility in 1997. Recently, Dow made headlines in the Egyptian press when a Dow Polyurethane Systems team of experts worked to protect a historical treasure by wrapping the 85-ton granite statue of the ancient Egyptian pharaoh Ramses II in VORACOR™ rigid polyurethane foam system ensuring a safe, 10-hour journey for the 3,200 year-old statue from downtown Cairo, to the Grand Egyptian Museum near the Great Pyramids of Giza.

About The Dow Chemical Company

Dow is a diversified chemical company that harnesses the power of innovation, science and technology to constantly improve what is essential to human progress. The Company offers a broad range of products and services to customers in more than 175 countries, helping them to provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. Built on a commitment to its principles of sustainability, Dow has annual sales of $49 billion and employs 43,000 people worldwide. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About Dow Mideast Systems

Dow Mideast Systems is a wholly owned Dow subsidiary legally established in 1997. The Polyurethane System facility built under this legal entity was the first Dow production facility built by Dow in Egypt. The new Systems House was built in less than a year, taking advantage of the experience and skills of a Dow Polyurethane Systems multinational project team. The site that comprised the manufacturing production unit, an administration building for offices and TS&D, Quality Control laboratories, an industrial building for the warehouses has now been integrated with the addition of a new, state-of-the-art market development and prototyping laboratory. With this strategic expansion the business will further reinforce its position in the Middle East, India and Africa taking advantage of its geographic position to supply and service these challenging fast growing markets.

The Dow Chemical Company in the Middle East

For over three decades, The Dow Chemical Company has pursued a strategy of steady growth in the Middle East. Since opening its first commercial office in Cairo in the early 1970s it has established a solid presence in the region and currently has manufacturing plants or state-of-the-art petrochemical joint ventures in Kuwait, Oman, the United Arab Emirates and Egypt.

Source: Dow Chemical Company

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