Dow has announced plans to expand its alkoxylation capacity in the US and Europe in 2024 and 2025. The investments are backed by supply agreements with customers and are being made to meet 10-15%/year growth in end markets including home and personal care, industrial and institutional cleaning, pharmaceuticals and crop protection.
Ten major global chemical sector companies have agreed with the World Economic Forum (WEF) to establish what they called “a breakthrough, pre-competitive development platform to accelerate net-zero climate technologies”. They are BASF, Dow, DSM, Solvay, Clariant, Covestro, Mitsubishi Chemical, Air Liquide, Sabic and Sibur.
Dow has announced what it described as “a series of incremental, high-return capacity expansions to support growing demand across key end-markets, all of which value sustainable solutions and continue to grow faster than GDP”. Most relate in full or in part to specialities.
Dow’s headquarters site at Midland, Michigan, was hit by flooding on the morning of 20 May following the collapse of two dams. The company has now stated that “significant progress continues to be made on clean-up and recovery”, including the restoration of utilities, infrastructure, and logistics across the site to normal operations.
Chemical companies continue to invest in hand sanitiser in response to the Covid-19 pandemic. A large number of them are now producing in significant volumes.
Ineos, the largest European producer of the two key raw materials - isopropyl alcohol (IPA) and ethanol – has announced its intention to produce 1 million bottles of hand sanitiser/month from each of three newly built facilities in the UK, Germany and France.