Dow has announced new investments in its silicones franchise to support global customers' demand in high growth markets. The investment plans include debottleneck and efficiency improvement projects over the next three years to increase capacity and efficiency in Dow's siloxane manufacturing facilities worldwide. These investments are expected to deliver fast paybacks and higher return on invested capital, contributing to greater earnings and cash generation. Dow is committed to ongoing investment in both upstream and downstream assets to ensure a reliable supply to its customers.
MIDLAND, Mich. - Dow today announced new low capital intensity, high return investments in its upstream and downstream silicones franchise to accelerate innovation and support global customers’ demand in high growth markets, such as high performance building, home and personal care, electrical and industrial, consumer goods and components assembly.
As a global leader in innovation and silicone-based technology, Dow already operates nearly twenty silicones manufacturing facilities globally, including three world-scale siloxane manufacturing facilities, located in Carrollton, Kentucky, U.S.A., Barry, Wales, United Kingdom and Zhangjiagang, Jiangsu, China.
The investment plans include a series of incremental siloxane debottleneck and efficiency improvement projects over the next three years to further increase capacity and efficiency in Dow’s siloxane manufacturing facilities around the world.
“The projects we are announcing today support our ability to continue to meet strong global demand for Dow’s silicones materials, enabling us to grow and innovate more quickly with customers and advancing our leading positions in our targeted end-markets,” said Jim Fitterling, chief executive officer of The Dow Chemical Company and chief operating officer for the Materials Science Division of DowDuPont. “Further, these targeted investments are expected to deliver fast paybacks and higher return on invested capital for Dow, contributing to greater earnings and cash generation.”
“Dow is committed to our ongoing investment in both upstream and downstream assets to bring a reliable supply to our customers,” said Mauro Gregorio, business president, Dow Consumer Solutions.