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Chemical Week Magazine :: Business & Finance :: United States/Americas
Dow postpones project for green polyethylene in Brazil
9:28 AM MST | January 11, 2013 | —Rebecca Coons
Triunfo Triumph: Braskem started up the world’s first PE plant based on ethanol-derived ethylene in late 2010. Dow Chemical says it is postponing its Santa Vitória, Brazil, biobased ethylene and polyethylene (PE) project with Mitsui & Co. because of escalating costs, legal uncertainties in Brazil, and capital spending cuts Dow announced late last year. Dow and Mitsui formed the 50-50 joint venture in 2011 to build and co-own a 240,000-m.t./year ethanol plant at Dow’s existing sugarcane operation at Santa Vitória. A separate...
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