Home / Business / Chemical Tools: Save | Print | E-mail | Most Read | Comment
Dow Epoxy signs local material supply deal
Adjust font size:

Dow Epoxy, a unit of United States chemical giant Dow Chemical Co, signed a deal with Shanghai Tianyuan Huasheng Chemical Co yesterday to supply key raw materials for its planned new plants.

The local firm, a unit of state-owned Shanghai Huayi (Group) Co, will provide caustic soda and anhydrous hydrogen chloride for Dow's 100,000-ton-a-year liquid epoxy resins plant and 150,000-ton-a-year glycerine-to-epichlorohydrin plant. It will also receive recycled brine from Dow for chlor-alkali production.

The total value of the 10-year contract is more than US$400 million. The deal underscores the government effort in building a circular economy by maximizing the use of resources and recycling, the companies said.

The two Dow plants, to cost US$420 million, are set to come on line in 2010 and 2011 at the Shanghai Chemical Industry Park, said Patrick Ho, business group president for Dow Epoxy & Specialty Chemicals. They will offer coatings, electrical laminates and civil engineering.

(Shanghai Daily October 16, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Chemical firm gets fine for polluting Yangtze tributary
- First chemical industry museum opens in Beijing
- Stricter safety control urged at chemical plants
Most Viewed >>
- Index down as commodity shares slump
- US gov't injects US$250 bln into key banks
- Exporters come to terms with global slowdown
- Exclusive: Standard Chartered shows confidence amid crisis
- Analysts warn of investment slump
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?