SCG-Dow Group Announces Final Stage To Plan And Build Specialty Elastomers Plant In Thailand
Midland, MI - SCG-Dow Group, a joint venture of The Dow Chemical Company (Dow) and Siam Cement Public Company Limited (SCG), announced recently that it is in the final stage to plan and build a specialty elastomers train at the joint venture's Map Ta Phut site in Thailand.
George Biltz, business group president for Specialty Plastics and Elastomers, a business unit of The Dow Chemical Company said, "Dow and Siam Cement have a very successful relationship and a long history of working together. This new facility, when constructed, will supply customers in the fast-growing Asia Pacific region with some of the most technologically advanced plastomers and elastomers in the world, including AFFINITY™ Polyolefin Plastomers and ENGAGE™ Polyolefin Elastomers. This investment is consistent with Dow's strategy to invest in our downstream performance businesses and drive growth in Asia Pacific."
Cholanat Yanaranop, president of SCG Chemicals Company Limited said, "The new plastomers and elastomers plant is expected to receive feedstock from our second joint-venture olefin plant in Map Ta Phut (commercial start-up in mid 2010) and will bring specialty products into our product portfolio, in line with our medium-term strategy."
The specialty elastomers train, which is expected to commence operations in 2011, builds on the long-standing successful business relationship between the two companies and is the latest in a series of joint venture projects. Dow and SCG signed their first joint venture agreement in 1987, and have now formed a total of four joint venture companies, producing synthetic latex, polystyrene, styrene monomer and polyethylene at the Map Ta Phut site. Last year the two companies announced their intention to construct a second joint-venture liquids cracker at Map Ta Phut, scheduled for completion in 2010.
AFFINITY Polyolefin Plastomers are versatile polymers that offer excellent adhesion at high and low temperatures, outstanding processability, and superior levels of performance in packaging and other applications. ENGAGE Polyolefin Elastomers offer a unique combination of flexibility and toughness, making them a material of choice for a wide variety of applications, including automotive thermoplastic applications.
About SCG-Dow Group
SCG-Dow Group is a joint venture formed in 1987 by The Dow Chemical Company and The Siam Cement Public Company Limited. The Group is comprised of four joint venture companies that manufacture and supply markets across Asia Pacific with a portfolio of products, including ethyl-benzene and styrene monomer; styrene-butadiene and acrylic latex; polyethylene; polystyrene and compounding products.
About SCG
SCG is Thailand's largest industrial conglomerate with leading market position in each of its core businesses of Chemicals, Cement, Paper, Building Materials, and Distribution. Siam Cement's Chemicals business is one of the leading players in the Asia Pacific region, serving worldwide customers. Today, SCG through its Chemicals business unit, continues to expand its business presence into international markets and emphasizes on innovation in products/services, processes, and business models to delight its customers.
About Dow
With annual sales of $54 billion and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products.
SOURCE: SCG-Dow Group