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Markets :: Plastics :: Polyethylene
Dow to Close LDPE Plant
8:55 AM MST | February 12, 2009 | Lindsey Bewley
Dow Chemical says it will close permanently its 225-million lbs/year low-density polyethylene (LDPE) plant at Freeport, TX due to the economic downturn and overcapacity in the North American market. “The basic plastics business carefully evaluated several options, but the supply-demand outlook for LDPE in North America, combined with the age, cost position, and relatively old technology of the plant, as well as the need for additional investment, do not make continued operation a viable option,” says Pieter Platteeuw, global business director/LDPE at...
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