HOUSTON--(BUSINESS WIRE)--The Dow Chemical Company (NYSE:DOW) announced today that several key milestones have been reached with the Company’s Plastics investments in the U.S. Gulf Coast and Latin America. The projects on the U.S. Gulf Coast are nearing peak construction and remain on track and on-plan for start-up, with all site construction underway. When fully operational, Dow’s collective feedstock and plastics expansions on the U.S. Gulf Coast are projected to deliver an estimated $2.5 billion in EBITDA annually. In Bahia Blanca, Argentina, Dow plans to expand capacity and enhance production technologies and equipment of its polyethylene production units to support increased market demand in consumer and industrial films.
“Dow continues to forge ahead with its global growth strategy, leveraging our first-mover advantage on the U.S. Gulf Coast and expanding capacity in Latin America to meet customer growth long term,” said James Fitterling, vice chairman, Business Operations. “We are well on our way to realizing the full financial benefit of these efforts, and continue to be diligent with Dow’s investment to connect cost-advantaged raw materials to many of the Company’s highest-margin downstream businesses.”
Help employers find you! Check out all the jobs and post your resume.
