Dow DuPont announced that it will have a nearly one billion US dollar investment plan in the next two years, mainly to expand the capacity of the SRW factory in Texas, while planning to put in some modern facilities. These investments will gradually increase the number of The production capacity can also help the global growth of various specialty chemicals, especially the Surlyn, Nucrel, Fusabond and Vamac product lines.
In addition, Dow DuPont is also evaluating some long-term projects, such as investing in new facilities to adapt to market changes.
The investment will also help Dow's DuPont Packaging and Specialty Plastics Division, the growth of customers in specialty chemicals transportation and advanced polymer divisions.
Diego Donoso, president of Dow Packaging and Specialty Plastics, said, “This is another excellent example of our historic merger of Dow DuPont and our ability to respond quickly to the growing needs of our customers. We can see in the food packaging and consumer markets. , We have great potential to provide customers with more iconic features.'
After the investment, Dow DuPont’s new production capacity will be launched in several phases in 2020, enabling the packaging and specialty plastics sector, specialty chemicals transportation and advanced polymer sectors to meet growing demand for Surlyn, Nucrel, Fusabond and Vamac. demand.
Randy Stone, president of Dow Transportation and Advanced Polymers, said: “As production capacity increases, we will also be able to adapt more to the growth of the automotive industry. Our customers’ demand for our advanced polymers has been very strong. At the same time, The investment can also enable us to propose more innovative solutions in the high-growth terminal market and consolidate our leading position in the industry.