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Dow, Petrobras, Elekeiroz to Study Viability of Acrylates Plant in Brazil

Published on 2005-02-22. Author : SpecialChem

Midland, MI -- The Dow Chemical Company, Petroleo Brasileiro SA (Petrobras), Brazil's state-controlled oil company, and Brazilian chemical company Elekeiroz signed a Memorandum of Understanding to study the viability of constructing an acrylic acid complex in Brazil. The agreement between the three parties is for the initiation and completion of a study that will evaluate the world-competitiveness and the technical and economic feasibility of a potential future venture.

Dow spokesperson said "Dow is concurrently investigating several growth opportunities for its Acrylates business to determine whether they meet the company's investment criteria, in terms of efficient raw material integration, low-cost logistics, and economies of scale."

Acrylic acid is used to produce acrylic esters and superabsorbent polymers. Major end uses for acrylic esters include acrylic latex emulsions that are used in paper, paints and coatings, textiles, and adhesives. Superabsorbent polymers are used primarily in disposable diapers and other absorbent personal care products.

Dow is a leader in science and technology, providing innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $40 billion, Dow serves customers in 175 countries and a wide range of markets that are vital to human progress: food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 43,000 employees seek to balance economic, environmental and social responsibilities. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

Source: Dow


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