David Eldridge, PRW.com, October 2, 2006
Dow Chemical has announced its intention to increase production capacity for MDI and its Styrofoam extruded polystyrene insulation product at its site in Estarreja, Portugal.
Its investment in MDI expansion follows on from the opening of an additional plant at its facility at Freeport, Texas earlier this year. The company expects continued market growth for MDI, a raw material in the production of rigid polyurethane foams and polyurethane elastomers.
Vice president of Dow Polyurethanes, Pat Dawson, said: “With global demand for MDI growing at a steady pace, we are constantly looking for simple ways to streamline our operations and add incremental capacity wherever we can. At the Estarreja site we have the opportunity to realise an incremental capacity addition quickly and cost-effectively.”
Dow did not state the size of the expansion or cost of investment, but said the project was due for completion in 2009.
The company said the planned Styrofoam expansion would enhance its ability to meet local customer needs for residential and commercial construction insulation products.