September 19, 2018-The Dow Chemical Company recently announced that it will invest in the construction of a new silicone resin plant, which will greatly increase global production capacity and meet the growing demand for high value-added specialty silicone products in related industries and emerging markets around the world. This is part of Dow's overall investment plan to better meet market demand and further promote innovation.
The new plant will be located at Dow's production base in Zhangjiagang and is expected to be completed and put into operation in 2021.
Silicone resin is a high-tech material with unique physical and chemical properties. It is a key raw material for manufacturing high-value-added special silicone products. It is widely used in home and personal care, pressure-sensitive adhesives, defoamers, secondary optics, Special chemical industry and other fields.
Mauro Gregorio, President of Dow Consumer Goods Solutions Global Business, said: "With the steady improvement of people's living standards and the growing middle class in the world, the market demand for high-end consumer goods is rising, especially in emerging markets. In every aspect, we strive to follow the customer-centric philosophy, and investing in the construction of a new silicone resin plant is a vivid footnote to this commitment. We believe that Dow will better meet customer needs with greater production capacity and create the ultimate Customer experience. "
"The Greater China region, the second largest market for Dow in the world, has strategic significance in Dow's business expansion. The decision to invest in a silicone resin plant in China is Dow's decision to invest in the Chinese market," said Lin Yulin, president of Dow Greater China. An important manifestation of long-term planning and commitment. Silicone materials have unlimited potential in creating better quality of life due to their excellent performance. Vigorously developing the silicone industry has a positive effect on improving people's quality of life and happiness. Dow This investment decision will have a positive impact on the development of China's organic silicon industry, and we are full of confidence and expectations. "
The design, construction, and operation of the new plant follows Dow's world-class environmental, health, and safety standards, which will enable Dow to have a stronger ability to cope with the imbalance between supply and demand in the global silicone market, provide customers with better demand protection, and help Customers grow and succeed, especially in the dynamic Asia Pacific market.
The new silicone resin plant will be located at Dow's integrated silicone production site in Zhangjiagang. The base is located in Jiangsu Yangzijiang International Chemical Industrial Park. Construction started in 2006 and production started in 2010. It covers an area of nearly one million square meters and is the largest organic silicon production base in China.