Dow Forms Joint Venture For Chlor-Alkali Facility 7-01-2010 - WNEM TV 5

Dow Forms Joint Venture For Chlor-Alkali Facility 7-01-2010

The Dow Chemical Company and Mitsui & Co., Ltd., of Tokyo, Japan announced Thursday the two companies have signed an agreement to form a manufacturing joint venture to construct and operate a new membrane chlor-alkali facility located at Dow’s Freeport, Texas, complex.
Officials said the joint venture combines the strengths of two global companies to build a world-scale chlor-alkali plant on the U.S. Gulf Coast.
The new chlor-alkali facility is expected to begin operations in mid-2013 and will have a capacity of approximately 800 kilotons per annum. It will be built using Dow's chlor-alkali technology and takes the place of the previously announced Chlorine 7 project, which was a Dow-only venture.
Construction will begin in the fourth quarter of 2010.
The venture will create approximately 50 long-term jobs at the Freeport, Texas, location, as well as approximately 500 construction jobs during the build.
The joint venture's chlor-alkali production facility will support the growing feedstock needs of Dow's performance businesses with cost-advantaged chlorine supply.
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