Dow and Mitsui to start bio-PE production in 2015

agra-net.com
Wednesday March 21 2012

US chemicals major Dow Chemical Co. and Japanese industrial conglomerate Mitsui & Co. expect to finalise negotiations around a 50:50 joint venture (JV) on renewable polyethylene (PE) in Brazil by the end of 2012, said Luis Cirihal, Dow business director for renewable alternatives and business development in Latin America.

The JV was initially announced in mid-August 2011 and under it, Mitsui will hold a 50% equity interest in Dow's operation in Santa Vitoria, Minas Gerais. The project is vertically integrated, initially aiming at ethanol production, then ethanol-to-ethylene and finally ethylene-to-PE production.

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