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/

Copyright

Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Corning.
Corning (NYSE:GLW)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Corning.