Dow signed a memorandum with the Management Committee of Zhanjiang Economic and Technological Development Zone, planning to establish a South China specialty chemicals manufacturing base for Dow to provide customers with high value-added products and innovative technologies produced locally by Dow.
According to the memorandum, Dow will invest about 250 million U.S. dollars to build special polyurethane and special surfactant devices, with a total production capacity of about 250,000 tons. The planned South China manufacturing base will effectively improve Dow's local production capacity, further improve supply reliability, accelerate market demand response, and strengthen customized innovation to help customers in automotive, pharmaceutical, cleaning, clothing, lubricants, and adhesives Wait for the market to succeed. The base also reserves space for future growth and development.