SCG-Dow Group, a joint venture of The Dow Chemical Company (Dow) and Siam Cement Public Company Limited (SCG), is in the final stage to plan and build a specialty elastomers train at the joint venture's Map Ta Phut site in Thailand. This new facility, when constructed, will supply customers in the fast-growing Asia Pacific region with some of the most technologically advanced plastomers and elastomers in the world, including AFFINITY Polyolefin Plastomers and ENGAGE Polyolefin Elastomers. This investment is consistent with Dow's strategy to invest in downstream performance businesses and drive growth in Asia Pacific. The new plastomers and elastomers plant is expected to receive feedstock from our second joint-venture olefin plant in Map Ta Phut (commercial start-up in mid 2010).
The specialty elastomers train, which is expected to commence operations in 2011, builds on the long-standing successful business relationship between the two companies and is the latest in a series of joint venture projects. Dow and SCG signed their first joint venture agreement in 1987, and have now formed a total of four joint venture companies, producing synthetic latex, polystyrene, styrene monomer and polyethylene at the Map Ta Phut site. Last year the two companies announced their intention to construct a second joint-venture liquids cracker at Map Ta Phut, scheduled for completion in 2010.
The specialty elastomers train, which is expected to commence operations in 2011, builds on the long-standing successful business relationship between the two companies and is the latest in a series of joint venture projects. Dow and SCG signed their first joint venture agreement in 1987, and have now formed a total of four joint venture companies, producing synthetic latex, polystyrene, styrene monomer and polyethylene at the Map Ta Phut site. Last year the two companies announced their intention to construct a second joint-venture liquids cracker at Map Ta Phut, scheduled for completion in 2010.
