Dow Chemical Will Invest One Billion Dollars in Gulf Coast Region

Shale gas is driving substantial petro-chemical investments in the Gulf Coast region. Dow Chemical announced last week a committment to invest over a billion dollars in LA and TX. This is exciting news for the expansion natural gas use in this country.

http://www.businesswire.com/news/dow/20110421005922/en

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Another growth announcement coming because of abundant shale gas.

Special Site Communications Meeting Slated for May 19
Friday, April 29, 2011
Please plan to join Gary Hockstra for a very special site-wide meeting at 1:30 p.m. on Thursday, May 19 in the Plant B Cafeteria.
It’s an exciting spring for Texas Operations as we look forward to growth and new investment in our site. We’ll talk more about the good news of April 21st –two new plants to be built on our site as Dow increases ethylene supply and ethane cracking capabilities in our Gulf Coast region, and our site’s potential to be the preferred location for yet another plant.
The shale gas announcement is big news for Texas Operations. New plants bring new jobs and further underscore the key role we play in the Dow manufacturing world.
Join Gary to hear more about this great news – and what we can do to boost our chances of winning additional Dow investment.
“I’m excited about another big announcement for Texas Operations – one that I’ll keep under wraps until the 19th – so mark your calendars to join me for an important, and fun, site meeting,” added Hockstra.

Thanks for posting the article.  Love hearing about this stuff.

 

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