Dow Argentina in petrochemical investment

BAHÍA BLANCA, October 4, 2017 – Dow Argentina will invest an additional USD 210 million in its Ingeniero White petrochemicals complex, located in Bahía Blanca in the Buenos Aires province, the company announced on Tuesday.

Speaking at an event attended by Argentinian President Mauricio Macri, Dow Argentina president Gastón Remy said the 2018-2019 investment would go towards modernising the facility with new technology to boost its capacity and reliability. As part of this programme, the complex’s ethylene and polyethylene production plants will be upgraded within the next two years.

“We will bring the best and highest technology in to continue making every day more efficient, continue generating energy efficiency and realise the highest standards of environmental protection and safety of people, especially to be a bridge for the continued growth of Bahía Blanca,” Remy said.

The company president also said that local SMEs would be used in the modernisation and estimated that the project would create 970 new construction jobs.

Dow Argentina was established in 1995 through the merger of Dow Química, Dow AgroSciences and PBB Polisur. The company is now Argentina’s largest petrochemicals firm, with five plants and three R&D centres in the country. Dow’s chemical products are used in 18 industrial sectors, and the company is also a 50% stakeholder in the significant El Orejano block in the Vaca Muerta play.

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