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Comment Business & Economics

Economic Indicators: Business News

By Dorothy Lozowski |

Plant Watch Wacker and Dow Corning start production at integrated silicone site November 14, 2008 — Wacker Chemie AG and Dow Corning Corp. started production in the first stage of their new pyrogenic silica and siloxane plants in Zhangjiagang, China. Total investment from both companies for the site is estimated at approximately $1.2 billion. Covering an area of 1-million m 2, the site is China’s largest facility of this kind and among the world’s largest integrated production complexes for silicones. The combined capacity for siloxane and pyrogenic silica — both key intermediates for the manufacture of finished silicone products — is planned to be approximately 200,000 metric tons per year (m.t./yr) and full operational capacity is expected to be phased in by the end of 2010. Dow and Davy license LP Oxo Selector 30 technology to NanYa Plastics November 10, 2008 — LP Oxo Selector 30 Technology using the Norma Catalyst, which is cooperatively offered by Dow Technology Licensing (a business unit of The Dow Chemical Co. and its consolidated affiliates) and Davy Process Technology Limited (a Johnson Matthey company)has been selected by NanYa Plastics (a subsidiary of Formosa Plastics Group in Taiwan)…
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