Abstract
DOW CHEMICAL is advancing two joint ventures aimed at unlocking sources of feedstocks and giving it access to developing markets. The company has signed a memorandum of understanding for the construction of a massive joint venture with Saudi Arabian oil company Saudi Aramco near the eastern Saudi town of Ras Tanura. The partners aren't disclosing the cost of the project, but estimates of more than $20 billion have appeared in recent published reports. Separately, Dow and Chinese coal mining company Shenhua are launching a twoyear study of a plant that would make petrochemicals from coal. Slated for the central Chinese province of Shaanxi, the plant would convert coal into methanol, which in turn will be used to make ethylene, propylene, and other petrochemicals. The complex would include a chlorine unit and plants to make many other products. Slated for completion in 2012, the Saudi project may be the largest ever undertaken in the petrochemical ...
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
