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Dow Invests Over $200M to Expand Ethylene PlantDow Invests Over $200M to Expand Ethylene Plant
February 4, 2020
3 Min Read
Dow is planning to invest over $200 million in an expansion project at an ethylene complex in Canada. Image courtesy of Dow Chemical
American chemical manufacturer Dow is committing $200 million to $225 million to expand the capacity of its ethylene production facility Fort Saskatchewan, AB, The Canadian Press reported. The plans were revealed when the company released its fourth quarter results for 2019.
The project involves the installation of a new process furnace that will boost production at the site by about 130,000 tn/yr, Dow Chief Executive Officer Jim Fitterling said in a statement quoted by the news organization. The executive said Dow will share the costs of the expansion and the new capacity with an unidentified “regional customer.”
No new jobs will be created as a result of the expansion, Dow Canada Spokesperson Jessica MacDonald told The Canadian Press.
The Fort Saskatchewan plant is one of the biggest petrochemical complexes in Canada, the company said on its website. The facility manufactures hydrocarbons, ethylene, polyethylene, and electricity and has a staff of about 500 full-time workers.
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