Midland, Michigan -- Dow will eventually build plants to make MDI (methylene diphenyl diisocyanate) at its complexes in China and Saudi Arabia, revealed Dow president, chairman and ceo Andrew Liveris, in a 3 Feb conference call on the company's results.
Discussing Dow's polyurethane strategy in relation to both Saudi Arabia and China, Liveris, Dow chairman and ceo acknowledged that supply of MDI (methylene diphenyl diisocyanate) is tight at present.
He said Dow will not build anything new in MDI rapidly, as "They take a long time to build and they're tricky facilities."
The Saudi complex is Dow's next big effort, he indicated, commenting that, "Between now and then on MDI, in particular, we're working with others in the industry. We're not losing any ability to grow because of our arrangements that we have out in the industry."
And he acknowledged that, "We know we'll have to put an MDI tranche in the Saudi facility in particular and ultimately, the China facility.
Liveris also noted that in propylene oxide Dow is "in decent shape ... because of our facility in Thailand."