Dow Announces Plans For A New NORDEL™ IP Hydrocarbon Rubber Plant
The Dow Chemical Company (NYSE: DOW) announced today that it plans to build a new world-scale plant for the production of metallocene ethylene propylene diene monomer (EPDM), sold under the trademark of NORDEL™ IP Hydrocarbon Rubber.
The new facility, when operational in 2016, will help set the standard in cost effectiveness and production efficiencies by incorporating the use of Dow’s newest proprietary catalyst technology and leveraging the production advantages of Dow’s large-scale, integrated solution process. The manufacturing site will be located on the U.S. Gulf Coast; Dow is currently assessing location options. This production facility will leverage Dow’s investment plan to increase ethylene and propylene production in the U.S. Gulf coast and will connect the Company's U.S. operations into feedstock opportunities available from increasing supplies of U.S. shale gas.
“NORDEL IP will continue to be a strategic part of the Dow Elastomers portfolio both now and into the future,” said Kim Ann Mink, business president, Dow Elastomers, Electrical and Telecommunications. “The new world-scale facility will position Dow to meet the increasing global demand for EPDM through next generation technology that produces a broader offering including high mooney viscosity products with enhanced quality. From automotive and building and construction to wire and cable markets, we will maintain Dow’s cost competitive position through the implementation of technology efficiencies and leveraging large, integrated sites. This new facility demonstrates the Company’s commitment to invest in specialty products that bring performance advantages to the marketplace.”
Dow is a recognized leader in polymerization catalysis and has harnessed this power to enhance product design and quality. NORDEL™ IP is often specified as a preferred solution due to its consistent structure which lends itself to easy processing and lot-to-lot consistency. Customers using NORDEL™ IP enjoy excellent control, performance, processing advantages and precision that yields minimal blemishes, defects and rejects.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV
