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Dow to Enhance Liquid Epoxy Resin Capacity with Expansion of its German Site

Published on 2012-12-12. Author : SpecialChem

Midland, Mich -- Dow Epoxy, a business unit of The Dow Chemical Company (NYSE: DOW), completed its 30 KTA Liquid Epoxy Resin (LER) expansion at its fully back-integrated Stade, Germany site. The facility, which has now been ramped up to full production rates, will increase the Company's global LER capacity by 10 percent. This will improve the reliability of Dow's supply chain and epoxy assets, allowing Dow to better serve its customers and to continue to grow with the marketplace.

"Our goal is to leverage and sell more epoxy resins and curing agents," said Davor Safar, global resins leader for Epoxy. "Our strong integration is a powerful complement to our rapidly growing innovation portfolio which will enable us to drive value growth for our customers."

Dow is focused on growing in applications such as composites, electronics, civil engineering and coatings. The Company's $1.6 billion annual R&D budget will allow for long-term growth in these segments and will fuel Epoxy's innovation pipeline. The Company aims to grow and improve earnings by packaging innovative epoxy offerings, such as high performance D.E.H.™ curing agents and FORTEGRA™ tougheners, with standard resins to help customers achieve their growth goals.

About Dow

Dow (NYSE: DOW) combines the power of science and technology to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2011, Dow had annual sales of $60 billion and employed approximately 52,000 people worldwide. The Company's more than 5,000 products are manufactured at 197 sites in 36 countries across the globe. 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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