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Dow kündigt Investitionspläne an, um die Silikon Nachfrage zu decken und Innovationen voranzutreiben

Projekte zur stufenweisen Beseitigung von Engpässen sowie zur Erweiterung von Kapazitäten, um die weltweite Nachfrage nach Lösungen auf Silikonbasis in gezielten Endmärkten zu decken.

The Dow Chemical Company (Dow) gab heute neue Investitionen mit niedriger Kapitalintensität und hoher Rendite für Upstream- und Downstream-Silikon Anlagen bekannt, um Innovationen zu beschleunigen und die Nachfrage von globalen Kunden in Wachstumsmärkten wie Bauwesen, Haushalts- und Körperpflege, Elektrische und Industrielle, Konsumgüter und Komponenten Montage zu decken.

Die Investitionspläne beinhalten:

  • Eine Reihe von Projekten zur stufenweisen Beseitigung von Siloxan-Engpässen und zur Effizienzverbesserung in den nächsten drei Jahren. Diese Projekte werden die Kapazitäten und Effizienz in Dows Siloxan-Produktionsanlagen auf der ganzen Welt weiter erhöhen.
  • Eine neue Anlage für hydroxylfunktionelle Siloxanpolymere in Carrollton, Kentucky. Diese Anlage wird die Polymerkapazität von Dow in Nord- und Südamerika um 65% steigern und bietet neueste Technologie, um Innovationen mit Kunden voranzutreiben.
  • Zusätzliche Expansionsprojekte, um die Kapazität der hochwertigen Silikonprodukte und Zwischenprodukte von Dow zu vergrößern. Dazu gehört auch eine neue Spezialharzanlage in Zhangjiagang, Jiangsu, China, die Harzzwischenprodukte für hochwertige Silikonprodukte unter anderem für Haushalts- und Körperpflegeprodukte, Haftklebstoffe, Antischaummittel und formbare Optiken für Beleuchtung liefern wird.

"Die Projekte, die wir heute ankündigen, ermöglichen uns, auch weiterhin die starke weltweite Nachfrage nach Silikonen von Dow zu befriedigen: Wir können schneller wachsen, Innovationen mit unseren Kunden vorantreiben und unsere führenden Positionen in unseren Zielmärkten ausbauen", sagte Jim Fitterling, Chief Executive Officer von The Dow Chemical Company und Chief Operating Officer der Materials Science Division von DowDuPont. "Darüber hinaus erwarten wir, dass diese gezielten Investitionen zu schnellen Amortisationen und einer höheren Kapitalrendite für Dow führen werden, was zu mehr Ertrag und Cash-Generierung beitragen wird."

Darüber hinaus gab das Unternehmen den Start einer Machbarkeitsstudie für den Bau einer neuen Siloxananlage im Weltmaßstab bekannt. Der geografische Standort der neu vorgeschlagenen Siloxananlage wird als Ergebnis der Machbarkeitsstudie bestimmt.

"Dow verpflichtet sich zu laufenden Investitionen in vor- und nachgelagerte Anlagen, um unseren Kunden eine zuverlässige Versorgung zu bieten", sagte Mauro Gregorio, Business President von Dow Consumer Solutions. "Die vorgeschlagene neue Siloxananlage wird eine wesentliche Ergänzung der globalen Silikon-Produktion von Dow sein. Sie wird unseren Zugang zu differenzierten Monomeren und Zwischenprodukten auf der ganzen Welt erweitern und gleichzeitig unsere Möglichkeiten zur Beschleunigung und Umsetzung unserer starken Innovationspipeline stärken."

Als weltweit führender Anbieter von innovativen und siliziumbasierten Technologien betreibt Dow bereits weltweit fast zwanzig Produktionsstätten für Silikone, darunter drei World-Scale-Siloxan-Produktionsanlagen in Carrollton/Kentucky/USA, Barry/Wales/Großbritannien und Zhangjiagang/Jiangsu/China.

About Dow
The Dow Chemical Company (Dow) combines science and technology knowledge to develop premier materials science solutions that are essential to human progress. Dow has one of the strongest and broadest toolkits in the industry, with robust technology, asset integration, scale and competitive capabilities that enable it to address complex global issues. Dow’s market-driven, industry-leading portfolio of advanced materials, industrial intermediates and plastics businesses deliver a broad range of differentiated technology-based products and solutions for customers in high-growth markets such as packaging, infrastructure and consumer care. Dow is a subsidiary of DowDuPont (NYSE: DWDP), a holding company comprised of Dow and DuPont with the intent to form three strong, independent, publicly traded companies in agriculture, materials science and specialty sectors. More information can be found at www.dow.com.

For further information contact:

Cathy Yang
Dow Consumer Solutions
+1 (989) 496.6965
Cathy.Yang@dow.com

   

Guillaume Artois
The Dow Chemical Company
+1 (989) 633.4573
GArtois@dow.com

 

 

Cautionary Statement About Forward-Looking Statements

This communication contains “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In this context, forward-looking statements often address expected future business and financial performance and financial condition, and often contain words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “see,” “will,” “would,” “target,” and similar expressions and variations or negatives of these words.

On December 11, 2015, The Dow Chemical Company (“Dow”) and E. I. du Pont de Nemours and Company (“DuPont”) entered into an Agreement and Plan of Merger, as amended on March 31, 2017, (the “Merger Agreement”) under which the companies would combine in an all-stock merger of equals transaction (the “Merger”). Effective August 31, 2017, the Merger was completed and each of Dow and DuPont became subsidiaries of DowDuPont (Dow and DuPont, and their respective subsidiaries, collectively referred to as the "Subsidiaries").

Forward-looking statements by their nature address matters that are, to varying degrees, uncertain, including the intended separation, subject to approval of the Company’s Board of Directors and customary closing conditions of DowDuPont’s agriculture, materials science and specialty products businesses in one or more tax-efficient transactions on anticipated terms (the “Intended Business Separations”). Forward-looking statements are not guarantees of future performance and are based on certain assumptions and expectations of future events which may not be realized. Forward-looking statements also involve risks and uncertainties, many of which are beyond the Company’s control. Some of the important factors that could cause DowDuPont’s, Dow’s or DuPont’s actual results to differ materially from those projected in any such forward-looking statements include, but are not limited to: (i) costs to achieve and achieving the successful integration of the respective agriculture, materials science and specialty products businesses of Dow and DuPont, anticipated tax treatment, unforeseen liabilities, future capital expenditures, revenues, expenses, earnings, productivity actions, economic performance, indebtedness, financial condition, losses, future prospects, business and management strategies for the management, expansion and growth of the combined operations; (ii) costs to achieve and achievement of the anticipated synergies by the combined agriculture, materials science and specialty products businesses; (iii) risks associated with the Intended Business Separations, including conditions which could delay, prevent or otherwise adversely affect the proposed transactions, including possible issues or delays in obtaining required regulatory approvals or clearances related to the Intended Business Separations, associated costs, disruptions in the financial markets or other potential barriers; (iv) disruptions or business uncertainty, including from the Intended Business Separations, could adversely impact DowDuPont’s business (either directly or as conducted by and through Dow or DuPont), or financial performance and its ability to retain and hire key personnel; (v) uncertainty as to the long-term value of DowDuPont common stock; and (vi) risks to DowDuPont’s, Dow’s and DuPont’s business, operations and results of operations from: the availability of and fluctuations in the cost of feedstocks and energy; balance of supply and demand and the impact of balance on prices; failure to develop and market new products and optimally manage product life cycles; ability, cost and impact on business operations, including the supply chain, of responding to changes in market acceptance, rules, regulations and policies and failure to respond to such changes; outcome of significant litigation, environmental matters and other commitments and contingencies; failure to appropriately manage process safety and product stewardship issues; global economic and capital market conditions, including the continued availability of capital and financing, as well as inflation, interest and currency exchange rates; changes in political conditions, including trade disputes and retaliatory actions; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war, natural disasters and weather events and patterns which could result in a significant operational event for the Company, adversely impact demand or production; ability to discover, develop and protect new technologies and to protect and enforce the Company’s intellectual property rights; failure to effectively manage acquisitions, divestitures, alliances, joint ventures and other portfolio changes; unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism or outbreak of war or hostilities, as well as management’s response to any of the aforementioned factors. These risks are and will be more fully discussed in the current, quarterly and annual reports filed with the U. S. Securities and Exchange Commission by DowDuPont. While the list of factors presented here is, considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in results as compared with those anticipated in the forward-looking statements could include, among other things, business disruption, operational problems, financial loss, legal liability to third parties and similar risks, any of which could have a material adverse effect on DowDuPont’s, Dow’s or DuPont’s consolidated financial condition, results of operations, credit rating or liquidity. None of DowDuPont, Dow or DuPont assumes any obligation to publicly provide revisions or updates to any forward-looking statements whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements is included in the section titled “Risk Factors” (Part I, Item 1A) of DowDuPont’s 2017 annual report on Form 10-K.

Discussion of segment revenue, operating EBITDA and price/volume metrics on a divisional basis for Agriculture is based on the results of the Agriculture segment; for Materials Science is based on the combined results of the Performance Materials & Coatings, Industrial & Infrastructure, and Packaging & Specialty Plastics segments; and for Specialty Products is based on the combined results of the Electronics & Imaging, Nutrition & Biosciences, Transportation & Advanced Polymers, and Safety & Construction segments. The segment disclosures have been presented in this manner for informational purposes only and should not be viewed as an indication of each division’s current or future operating results on a standalone basis assuming completion of the Intended Business Separations.

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