Dow Corning Announces Additional Capacity to Serve Asia Market
01 Dezembro 2003 - 6:00PM
PR Newswire (US)
Dow Corning Announces Additional Capacity to Serve Asia Market
MIDLAND, Mich., Dec. 1 /PRNewswire-FirstCall/ -- Dow Corning
Corporation has announced it is significantly increasing
manufacturing capacity for sealants and polymers in Korea in
response to market growth and customer needs. The additional
capacity will be located at the Dow Corning plant in Jincheon. The
investment will add 40 percent capacity for sealants and will
double the polymer production capacity. This will ensure that Dow
Corning can continue to provide reliable supply to customers in
Korea and other locations in Asia, particularly during the peak
season. "This allows us to strengthen our ability to serve
customers with polymer and neutral sealants," said Christopher J.
Bowyer, vice president and general manager of the Core Products
business. He noted that market demand for these products is
increasing with further growth anticipated in the future. "We are
responding to this trend and making investments that will
particularly benefit our customers in the Korean market who buy via
the Dow Corning brand and Xiameter(R), our web-enabled business
model and brand," Bowyer said. The investment is one of several
made by Dow Corning to ensure that its supply chain capabilities in
Asia, including the development of new storage and distribution
facilities for high volume materials, continues to be ahead of the
fast growing demand and provides customers with faster and more
flexible delivery. Dow Corning (http://www.dowcorning.com/ )
provides performance-enhancing solutions to serve the diverse needs
of more than 25,000 customers worldwide. A global leader in
silicon-based technology and innovation, offering more than 7,000
products and services, Dow Corning is equally owned by The Dow
Chemical Company (NYSE:DOW) and Corning, Incorporated (NYSE:GLW).
More than half of Dow Corning's annual sales are outside the United
States DATASOURCE: Dow Corning Corporation CONTACT: Amy Rosborough
(Americas), +1-989-496-8288, Karen Heenan-Davies (Europe), + 44
1446 723498, or Liliana Ng (Asia), + 852 2835 0387, all of Dow
Corning Corporation Web site: http://www.dowcorning.com/
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