- Re-starting an ethylene cracker at the Company’s St. Charles Operations site near Hahnville, La. by the end of 2012. This project is progressing on time;
- Improving ethane feedstock flexibility for an ethylene cracker at the Company’s Louisiana Operations site in Plaquemine, La. in 2015;
- Constructing a new, world-scale ethylene production plant in the U.S. Gulf Coast, for start-up in 2017, which facilitates long-term growth in Dow’s Performance Plastics segment;
- Constructing a new, world-scale on-purpose propylene production facility at Dow Texas Operations, for start-up in 2015.
The Dow Chemical Company (NYSE: DOW) today announced that the Company’s comprehensive plan to further connect its U.S. operations with cost-advantaged feedstocks from increasing supplies of U.S. shale gas is moving forward, and remains on-track to deliver long-term competitive advantage for many of Dow’s downstream businesses. Plans to increase ethylene supply and ethane cracking capabilities at existing U.S. Gulf Coast facilities strengthen the competitiveness of Dow’s Performance Plastics, Performance Products and Advanced Materials businesses and enable profitable growth in the Americas. Key milestones of the Company’s U.S. Gulf Coast investment plan include: