PaintSquare.com
Follow us on Twitter Follow us on LinkedIn Like us on Facebook Follow us on Instagram Visit the TPC Store
Search the site

 

Advertisement

Sherwin-Williams


Coatings Industry News

Main News Page


Dow to Reduce Acrylate Capacity by 20%

Monday, February 8, 2016

Comment | More

Multinational chemical corporation The Dow Chemical Company has announced that its Dow Performance Monomers business unit will be reducing acrylate capacity by 20 percent at its Deer Park Operations in Deer Park, TX.

Acrylates are used in a variety of applications including adhesives, coatings, inks, plastics and superabsorbent products.

Response to Market Conditions

In addition to shutdown of acrylic capacity, other actions are being undertaken to address current market conditions, the company said in a statement issued Wednesday (Feb. 3).

The Dow Chemical Company
The Dow Chemical Company

Dow Performance Monomers has announced the shutting down of 20 percent of acrylate capacity at its Deer Park Operations, the company announced.

The company also plans to optimize turnaround and structural costs and will explore co-producer supply agreements, it added.

"We are taking these actions to address the impact of the global acrylates trough and to more strongly align the business’ acrylate production to business priorities: providing downstream business needs for growth and supplying those customers that value long-term, reliable acrylate supply,” said Todd Prey, Global Business Director, Methacrylates and Acrylates.

The company said its expects these actions will have an impact on near and long-term business.

About Dow

Dow's integrated, market-driven, industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 180 countries and in high-growth sectors such as packaging, electronics, water, coatings and agriculture.

In 2015, Dow had annual sales of nearly $49 billion and employed approximately 49,500 people worldwide. The company's more than 6,000 product families are manufactured at 179 sites in 35 countries across the globe.

   

Tagged categories: Acrylate; Business matters; Coating Business; Dow Chemical Company; Industry News

Comment Join the Conversation:

Sign in to our community to add your comments.

Advertisements
 
BASF
 
New resins from BASF will have metals loving water!
 
Excellent corrosion resistance, low VOC, high gloss, thin films www.basf.us/industrialcoatings dpsolutions@basf.com 800-231-7868
 

 
Jotun Paints Inc.
 
Jotun Jotachar 1709
 
Mesh-free passive fire protection epoxy designed to protect against hydrocarbon pool fire scenarios for up to four hours as defined in the ANSI/UL1709 standard.
 

 
Tarps manufacturing, Inc.
 
QUALITY MADE IN AMERICA —Available near you!
 
CLICK to get a behind-the-scenes look at how Tarps Manufacturing makes the highest-quality tarps right here in the USA — available nationwide.
 

 
Novatek Corporation
 
Dustless Coatings Removal
 
Novatek Corporation, Dustless Coatings Removal Strip, clean and profile all dust free! Comply with new lead standards. Contact today: (866) 563-7800 www.Novatekco.com
 

 
HoldTight Solutions Inc.
 
Full Surface Protection for Up to One Year
 
HT 365 is a preservation, single component, anti-corrosive coating, a water displacing agent, a lubricant, and a penetrating fluid. It creates an imperceptible thin-film coating that offers excellent salt contaminant and humidity protection. Contact your HoldTight® representative or visit Holdtight.com for more information.
 

 
Mitsubishi Gas Chemical America
 
Performance Amine 1,3-BAC
 
A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.
 

 
Carboline Company
 
New product: Carbozinc® 608 HB
 
Introducing a new high build zinc-rich primer that can save you time and money by eliminating the epoxy intermediate coat!
 

 
Graco Inc.
 
Graco EcoQuip 2: Experience the Difference
 
While others claim their equipment is the same, none of them compare to Graco’s EcoQuip 2™ Vapor Abrasive® blasting line. Visit graco.com/ecoquip to learn more.
 

 
SSPC: The Society for Protective Coatings
 
http://www.sspc.org/
 
Join SSPC and Enhance
Your Career !
 

 
ABKaelin, LLC
 
ABKAELIN EH&S SERVICES
 
Programs/Training/Monitoring for Silica, Lead, Noise, Beryllium, Hexavalent Chromium, Cadmium, Hazardous Waste*PM10 & TSP-Lead Ambient Air Monitoring*SSPC C3/C5
 

 
 
 

Technology Publishing Co., 1501 Reedsdale Street, Suite 2008, Pittsburgh, PA 15233

TEL 1-412-431-8300  • FAX  1-412-431-5428  •  EMAIL webmaster@paintsquare.com


The Technology Publishing Network

Durability + Design PaintSquare the Journal of Protective Coatings & Linings Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy Policy (Updated 5/24/2018)   |   Terms & Conditions   |   Support   |   Site Map   |   Search   |   Contact Us