Monday, August 29, 2011

Dow Chemical (NYSE:DOW) Upping Chemical Production

Dow Chemical (NYSE:DOW) Performance Monomers has increased production capacity
of Glycidyl Methacrylate. Dow Chemical (NYSE:DOW) Upping Chemical Production Dow
Chemical (NYSE:DOW) has announced that its Performance Monomers business has
made a 10% increase in capacity for the production of Glycidyl Methacrylate
(GMA) at its Freeport, Texas facility. Glycidyl Methacrylate is used in
Specialty Coatings and Resins. This decision was taken after a successful
debottlenecking initiative that addresses Dows need to increase GMA capacity for
its strategic customers. David Mongrue, Global Business Manufacturing Director
for Dow Chemical (NYSE:DOW) Performance Monomers, said that, Through the GMA
debottlenecking initiative, Dow made significant process and reliability
improvements, which delivered a considerable increase in plant capacity in less
than a year. This further reinforces Dows commitment towards delivering on our
strategy of being a highly reliable organization and growing with our strategic
customers". Dow Chemical (NYSE:DOW) stocks were at 26.82 at the end of the
last days trading. Theres been a -24.7% change in the stock price over the past
3 months. Dow Chemical (NYSE:DOW) Analyst Advice Consensus Opinion: Hold Mean
recommendation: 2.15 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.13 Zacks
Rank: 8 out of 35 in the industry

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