The Urethane Blog
Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
April 25, 2022
$0.695/lb for Chemical Grade Propylene in April
April 25, 2022
$0.695/lb for Chemical Grade Propylene in April
April 21, 2022
Dow announces new alkoxylation capacity in U.S. and Europe to meet continued robust demand growth
Thu, April 21, 2022, 3:05 AM·6 min readIn this article:
- New capacity to support global growth in key end-markets delivering 10% to 15% annual growth rates
- Builds on previously announced capacity expansions, increasing Company’s global alkoxylation capacity by 70% vs. 2020 baseline, collectively
- Higher return and faster-payback projects expected to come online in 2024 and 2025
MIDLAND, Mich., April 21, 2022 /PRNewswire/ — Dow (NYSE: DOW) announced today plans to expand its global alkoxylation capacity in the U.S. and Europe to meet increasing demand across a wide range of fast-growing end-markets where the Company is delivering 10% to 15% annual growth rates, from home and personal care to industrial and institutional cleaning solutions and pharmaceuticals.
The faster-payback, higher return investments announced today will increase Dow’s capacity, while maintaining current carbon emissions levels through the use of efficient technologies and site improvements. These investments in the U.S. and Europe are backed by supply agreements with customers, including leading consumer brands, and expected to come online in 2024 and 2025, respectively.
“We have consistently seen increased demand for our alkoxylation capabilities aligned to industry sectors growing faster than GDP across the cycle,” said Brendy Lange, business vice president of Dow Industrial Solutions. “These latest investments are another demonstration of our commitment to customer collaboration and innovation backed by industry leading integration.”
Today’s announcement builds on the Company’s alkoxylation capacity expansions announced in 2018 in Louisiana and in 2019 in Spain, which are both on track to come online this year. In total, these and other efficiency projects are expected to generate more than $150 million in run-rate EBITDA by 2025, with returns greater than 20%. Collectively, Dow’s investments will result in approximately 70% global capacity growth for Dow and its customers since 2020.
Dow’s versatile alkoxylation assets upgrade basic materials science building blocks to produce safe and sustainable ingredients for cosmetics, household and industrial cleaning, home and personal care, crop defense, oil and gas, pharmaceuticals, paints and many other products for everyday use in a number of product lines, including TERGITOL™, UCON™, ECOSURF™, and CARBOWAX™ SENTRY™.
https://finance.yahoo.com/news/dow-announces-alkoxylation-capacity-u-100500396.html
April 21, 2022
Dow announces new alkoxylation capacity in U.S. and Europe to meet continued robust demand growth
Thu, April 21, 2022, 3:05 AM·6 min readIn this article:
- New capacity to support global growth in key end-markets delivering 10% to 15% annual growth rates
- Builds on previously announced capacity expansions, increasing Company’s global alkoxylation capacity by 70% vs. 2020 baseline, collectively
- Higher return and faster-payback projects expected to come online in 2024 and 2025
MIDLAND, Mich., April 21, 2022 /PRNewswire/ — Dow (NYSE: DOW) announced today plans to expand its global alkoxylation capacity in the U.S. and Europe to meet increasing demand across a wide range of fast-growing end-markets where the Company is delivering 10% to 15% annual growth rates, from home and personal care to industrial and institutional cleaning solutions and pharmaceuticals.
The faster-payback, higher return investments announced today will increase Dow’s capacity, while maintaining current carbon emissions levels through the use of efficient technologies and site improvements. These investments in the U.S. and Europe are backed by supply agreements with customers, including leading consumer brands, and expected to come online in 2024 and 2025, respectively.
“We have consistently seen increased demand for our alkoxylation capabilities aligned to industry sectors growing faster than GDP across the cycle,” said Brendy Lange, business vice president of Dow Industrial Solutions. “These latest investments are another demonstration of our commitment to customer collaboration and innovation backed by industry leading integration.”
Today’s announcement builds on the Company’s alkoxylation capacity expansions announced in 2018 in Louisiana and in 2019 in Spain, which are both on track to come online this year. In total, these and other efficiency projects are expected to generate more than $150 million in run-rate EBITDA by 2025, with returns greater than 20%. Collectively, Dow’s investments will result in approximately 70% global capacity growth for Dow and its customers since 2020.
Dow’s versatile alkoxylation assets upgrade basic materials science building blocks to produce safe and sustainable ingredients for cosmetics, household and industrial cleaning, home and personal care, crop defense, oil and gas, pharmaceuticals, paints and many other products for everyday use in a number of product lines, including TERGITOL™, UCON™, ECOSURF™, and CARBOWAX™ SENTRY™.
https://finance.yahoo.com/news/dow-announces-alkoxylation-capacity-u-100500396.html
April 20, 2022
What caused the Dow facility chlorine spill in Plaquemine? What we know so far
by: Jacquelyn Kisic
Posted: Apr 19, 2022 / 09:56 PM CDT
Updated: Apr 19, 2022 / 10:02 PM CDT SHARE
PLAQUEMINE, La. (BRPROUD) — Several residents in the Plaquemine area said they noticed smoke coming from the plant and an awful smell Monday night.
At around 8:30 p.m., law enforcement got a call saying that there was a chlorine spill inside the Dow facility.
On Facebook, officials announced that it was ok to lift the shelter-in-place notice for the residents after analyzing the air quality.
An independent company known as Olin Chemicals, which owns and operates units inside Dow’s complex is where the fire occurred. They believed that the fire was caused when a compressor caught on fire and sent chlorine gas throughout the facility. Face masks now optional at BTR airport, Ochsner Health explains safety concerns
While many think these spills are rare, it happens more often than you think. Iberville Sheriff Brett Stassi and Iberville Parish Office of Homeland Security and Emergency Preparedness Director Clint Moore said that they are developing and examining new ways to improve on future “spills.”
“As of right now, we are getting together to find out how we can change some things of what went wrong and reflect on the things that were good to prepare for next time,” said Sheriff Stassi.
According to Louisiana State Police, they are currently working on a report of the leak which may be presented tomorrow.
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