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Dow News Summary
Tate Named to Savoy Magazine’s Top 100 Most
Influential Blacks in Corporate America
Jeff Tate, vice president, Finance, Dow Performance
Plastics, has been named to Savoy magazine’s Top 100
Most Influential Blacks in Corporate America 2012 issue.
Savoy is geared toward African-American business
professionals and profiles prominent African-American
business leaders. With 100,000 readers per issue,
the magazine serves as a premier forum for issues of
workplace diversity and lifestyle features.
Dow Launches Global R&D Center for Electronic
Materials
Dow announced the inauguration of its Dow Seoul Technology
Center, a global research and development (R&D) center
with focus on technological advances in display technologies
and semiconductor-related applications. The Dow Seoul
Technology Center is located in Hwaseong, Gyeonggi-do,
a strategic and important location to serve semiconductor
and display customers. The site is expected to employ
approximately 300 people at capacity in a five-story building
that spans total floor area of more than 23,700 square
meters. With the addition of the new R&D Center, Dow has
invested more than $400 million in Korea over the last decade
to establish advanced manufacturing sites for semiconductor,
display and LED technologies and to further new business
development in the area of electronic materials.
Dow Announces Coatings Manufacturing
Investment in Saudi Arabia
Dow announced plans to invest in a new manufacturing
facility for its Dow Coating Materials (DCM) business unit
in the Kingdom of Saudi Arabia. DCM is the premier supplier of
products and technologies to architectural and industrial coatings
manufacturers. The planned facility, which will be located at the
Jubail Industrial City, will manufacture a wide range of coating
materials for both the Kingdom and export markets worldwide.
Dow Officially Opens Complex at Asia Industrial
Estate; Marks 45th Anniversary of Dow in
Thailand and 25th Anniversary of SCG-Dow Joint
Venture
Dow announced the grand opening of its new production
complex in Asia Industrial Estate (AIE), Ban Chang, Rayong
province. This comes at the same time as Dow marks its
45th anniversary in Thailand and the 25th anniversary of
the SCG-Dow partnership, part of the SCG-Dow Group. A
portion of an investment totaling more than $3 billion, the
new production complex is a joint venture project between
Dow, SCG and Solvay S.A. under the Thai Growth Project.
The project, which was announced in 2006, has involved
the building of world-class production facilities including
an advanced naphtha cracker plant operated by Map Ta
Phut Olefins Co., Ltd. (a joint venture between Dow and
SCG Chemicals), and downstream facilities to produce
polyethylene (SPEII), specialty elastomers, propylene oxide
and hydrogen peroxide, operated by Solvay. With the
successful completion of all plants under the Thai Growth
Project, Thailand is now Dow’s largest manufacturing base
in Asia Pacific.