Dow plans to invest in increasing global supply of silicone materials

As the automotive and transportation industries move toward a smarter, safer and more sustainable direction, Dow is planning investments to increase the global supply of silicone materials
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Recently, Dow listed a number of expansion projects for 2022, mainly providing silicone solutions for the automotive and transportation industries
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Dow said it has completed a round of capital investments across North America, Asia and Europe in 2021 to meet the demand for new technologies in the automotive and transportation industries
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The Jincheon plant in South Korea is making investments to support the development of formable optical silicone technology for automotive and industrial lighting applications
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The company installed a new internal mixer in Midland, Michigan, USA, expanding its fluorosilicone rubber production capacity
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In Zhangjiagang, China, a new internal mixer for liquid silicone rubber was added, and two new internal mixers for heat conduction technology were also invested in Songjiang
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To further support the high demand for electric vehicles in Europe, a new mixer for heat conduction technology was installed in Wiesbaden, Germany
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In addition to the automotive segment, Dow also said it plans to expand its silicone capacity in its materials and coatings businesses
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Dow said in its 2021 annual report that it is expanding production capacity for coatings and silicone formulations through "incremental debottlenecking projects
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The company is also revamping its methacrylates plant in Deer Park, Texas, and expects the two revamps to generate $25 million in profits in the first quarter of 2022
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