Markets :: Basic Chemicals :: Petrochemicals :: Ethylene glycol
Dow to Shut EO-EG Plant in UK; Croda to Close Downstream Operations
10:06 PM MDT | July 12, 2009 | Natasha Alperowicz
Dow Chemical says it intends to close permanently an ethylene oxide-ethylene glycol (EO-EG) production unit at Wilton, U.K. by the end of January 2010, citing “disadvantaged input costs.” The plant has capacity to produce 320,000 m.t./year of EO. Demand and profit margins for products from the plant, particularly for monoethylene EG (MEG), began to soften in early 2008, Dow says. “The ongoing recession is expected to prolong difficult global EO-EG industry conditions for several years and has expedited the need for Dow to come to a...
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