Dow Chemical, Siam Cement to jointly develop liquids cracker in Thailand

MIDLAND, Michigan (AFX) – The Dow Chemical Company said it is planning to jointly develop a liquids cracker in Thailand to produce propylene and other substances with the Siam Cement Public Company Ltd.
The cracker is expected to commence operations in 2010, it said.
Dow Chemical and Siam Cement signed their first joint venture agreement in 1987 and have since formed a total of five joint venture companies.

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