Dow Chemical To Make Significant Investment In Institute Plant

The Dow Chemical Company announced today that its Water Soluble Polymers business unit will increase focus on paint and oilfield applications with enhancements to certain manufacturing processes and capacity additions for CELLOSIZETM hydroxyethylcellulose (HEC) in Institute, W.Va. The $20 million investment underscores Dow’s commitment to various industrial specialty applications and will yield an additional 5 million pounds each year, along with numerous process improvements which will lead to energy cost savings of more than $3 million per year. The multi-phase project is anticipated to be completed during the first half of 2009.