Dow Chemical is no stranger to making smart business decisions, that's why it's no surprise to see that they have their best heads working on ways to keep their business ever changing and coming up with new ways to do what they do best.
Excerpt: Dow Chemical Co., the world's second- biggest chemical company, plans to use more ethane to make plastics and may form a venture to separate it from natural gas because of low U.S. Prices.
Dow plans to increase cracking of ethane by 20 percent to 30 percent at ethylene plants on the U.S. Gulf Coast over the next two to three years, Midland, Michigan-based Dow said today in a statement. That will increase Dow's global use of ethane for making ethylene to as much as 65 percent, from about 55 percent, said Rebecca Bentley, a spokeswoman. Costs haven't been determined, she said.
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Source: Bloomberg Businessweek
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