Dow Chemicals (Europe) together with Dow Izolan, Dow's Russian joint venture, Dipol Chemical and JSC Nord are set to explore the possibility of producing rigid polyurethane (PU) in Russia with production will be sold to JSC Nord’s Polyurethane Unit for 6000 tonnes in 2008.
The group of companies are looking at the economic feasibility of the Joint-venture PU project expected to be completed by end of 2008. The main driving force to build the PU unit in Russia, despite political instability is that Asian competition is skyrocketing, coupled with the weak US dollar.
The JV hopes that products will be focused to Russian's home appliance companis for cost saving with the polyurethane producers.
The group of companies are looking at the economic feasibility of the Joint-venture PU project expected to be completed by end of 2008. The main driving force to build the PU unit in Russia, despite political instability is that Asian competition is skyrocketing, coupled with the weak US dollar.
The JV hopes that products will be focused to Russian's home appliance companis for cost saving with the polyurethane producers.
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