Dow Chemical Co. plans to invest US$1.06 bln to build two new polyolefins plants and upgrade its ethylene capacity at the its existing site in Plaquemine. Construction on the new polyolefins plants is set to begin by the end of the year, with work on the ethylene efficiency upgrade to start immediately. The expansion should be complete by the end of 2016. One of the new plants will produce next-generation synthetic rubber while the other will produce high-performance polyethylene.
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