Dow announces global capacity expansion in response to growing demand for mobility technologies
Midland, Mich., – March 30, 2022 – As the mobility and transportation industry continues to transform and grow, Dow (NYSE: DOW) continues to invest in increasing global supply capabilities and reliability for its customers, enabling the development of smarter, safer, and more sustainable technologies.
In 2022, The Company will engage in a number of key growth capital projects benefitting the mobility and transportation market. At Dow’s Jincheon site in South Korea, investments are being made to support the development of moldable optical silicone technologies for both automotive and industrial lighting applications. Additional investments are also planned this year for Dow’s operations in Midland, Songjiang and Zhangjiagang.
“The mobility and transportation industry is undergoing its biggest evolution in more than 100 years, and we’re proud to play a role in driving the industry forward through our materials science expertise,” said Jeroen Bello, global marketing director for mobility and transportation, Dow Consumer Solutions. “In order to properly support our customers and the industry as a whole, it’s imperative that we have the capacity to do so. Our latest investments, which build on our existing infrastructure serving this market, reaffirm our commitment to delivering market-driven and sustainable innovations.”
Dow recently completed a round of capital investments in 2021 that spanned three continents – North America, Asia and Europe – and was implemented to address growing global market demands for novel technologies within the mobility and transportation industry. In Midland, Michigan, U.S., Dow expanded its fluorosilicone rubber capabilities with the installation of a new gum mixer, and in Zhangjiagang, China, a new liquid silicone rubber mixer was added. Investments were also made in a pair of new mixers for thermally conductive technologies at Dow’s site in Songjiang, China. To further support the high demand for electric vehicles in Europe, a new mixer for thermally conductive technologies is now online in Wiesbaden, Germany.
All capacity expansions being made for this market are aligned with Dow’s MobilityScience™ platform, which is designed to use the full power of Dow’s portfolio of silicones, polyolefins, polyurethanes, acrylics, and specialty technologies to support the future of mobility.
For more information, visit www.dow.com/mobilityscience.
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com