Dow Izolan Breaks Ground on New Polyurethane Systems Facility in Russia
Dow Izolan, the joint venture company between The Dow Chemical Company (Dow) and Izolan, broke ground today on a new, state-of-the-art polyurethane systems manufacturing facility in Vladimir, Russia. The new plant will help Dow Izolan to enhance its offering to Russian customers serving the fast-growing automotive, consumer, footwear, furniture, appliance and construction markets. The facility, which is scheduled for start-up in mid-2009, represents the company’s commitment to the polyurethanes industry in Russia and to offering customers a reliable supply of tailored, value-added solutions.
“As one of the world’s largest emerging economies, Russia is undergoing tremendous growth. To satisfy consumers’ appetites for new cars, energy efficient homes and better appliances, the polyurethanes industry must keep up with ever increasing demand,” said Aldo de Santi, general manager, Dow Izolan. “By expanding our manufacturing capabilities in the region, we can offer our Russian customers the fastest, most technically advanced solutions to their growing needs.”
From rigid foam systems used in construction panels and insulation to flexible foam systems used for arm rests, head rests and seating in automotive applications, the facility will produce a broad range of polyurethane systems.
“Combining the strengths of both Dow Polyurethane Systems and Izolan has enabled us to expand our presence in Russia, and continue to develop and commercialize products and technologies to meet specific requirements of the local market,” said Juan Antonio Merino, general manager, Dow Polyurethane Systems. “This new Dow Izolan facility is an example of Dow’s strategy to grow its downstream performance businesses to achieve consistent earnings growth and financial fitness. It also represents Dow’s and Izolan’s continued commitment to the polyurethanes industry and to customers in Russia. Dow Izolan is a strategic partnership that solidifies our position as a preferred supplier in Russia and creates long-term opportunities for Dow.”
Established in August 2006, Dow Izolan is based in Vladimir, 170 kilometers (km) northeast of Moscow, and has more than 100 employees.
About Dow Izolan
Established in 2006, Dow Izolan is the joint venture formed by the world’s leading chemical company The Dow Chemical Company and the Scientific Manufacturing Company Izolan Ltd., the leading Russian producer of polyurethane systems. Leveraging Dow Polyurethane Systems’ global technological leadership and raw materials back integration, and Izolan market experience and strong focus on local customers, the Dow Izolan joint venture is the leader at the polyurethane components market in Russia and the CIS. Dow Izolan offers a wide range of products to more than 700 customers in various industries including construction, automotive, shipbuilding, and refrigeration equipment. More information about Dow Izolan can be found at www.dow-izolan.com.
Dow Izolan, the joint venture company between The Dow Chemical Company (Dow) and Izolan, broke ground today on a new, state-of-the-art polyurethane systems manufacturing facility in Vladimir, Russia. The new plant will help Dow Izolan to enhance its offering to Russian customers serving the fast-growing automotive, consumer, footwear, furniture, appliance and construction markets. The facility, which is scheduled for start-up in mid-2009, represents the company’s commitment to the polyurethanes industry in Russia and to offering customers a reliable supply of tailored, value-added solutions.