Contact: Jennifer Scott (202) 249-6512
WASHINGTON, D.C. (April 19, 2012) – The American Chemistry Council (ACC) issued the following statement in response to today’s announcement by The Dow Chemical Company concerning the location of its new U.S. ethylene production complex in Texas.
“Dow’s announcement is further evidence that the chemistry industry is a growth engine helping to revitalize America’s manufacturing sector,” said Cal Dooley, ACC President and CEO. “Thanks to abundant, affordable natural gas, the nation’s chemical companies have entered an era of renewed global competitiveness which can help generate new domestic investment, jobs and manufacturing exports. It’s great news for the many industries that rely on chemistry and plastics, including auto manufacturing, construction, agriculture, health care, and technology.”
U.S. chemical manufacturers use ethane, a natural gas liquid found in shale gas, as a key raw material, or feedstock. With access to lower-cost ethane, the United States has become one of the world’s lowest-cost chemical producers. Dow is one of several chemistry companies that have announced plans to expand production or explore new investments in major manufacturing facilities.