Dow Expands Propylene Glycol Capacity in Thailand
Portfolio Pulse from Benzinga Newsdesk
Dow (NYSE:DOW) has announced the start-up of its propylene glycol capacity expansion at its facility in Thailand, increasing capacity by 80,000 tons per year to a total of 250,000 tons per year. This makes the facility the largest in Asia Pacific.
May 16, 2024 | 11:28 am
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Dow has increased its propylene glycol capacity at its Thailand facility by 80,000 tons per year, making it the largest in Asia Pacific. This expansion is expected to enhance Dow's market position and revenue potential in the region.
The expansion of propylene glycol capacity by 80,000 tons per year at Dow's Thailand facility is a significant development. It positions Dow as a leading supplier in the Asia Pacific region, likely enhancing its market share and revenue potential. The low capital intensity and higher return on investment further underscore the positive financial impact.
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