Dow Chemical JV to launch polyurethane plant Dec 11
VLADIMIR. Dec 11 (Interfax) - Dow Izolan, the joint venture between Dow Chemical of the U.S. and the Russian company Izolan, began production at its new polyurethane plant in the Vladimir region on December 11, the regional administration announced in a press release.
Dow Izolan has put 30 million euros into the construction of the plant, which has the capacity to turn out 35,000 tonnes of product per year and will likely employ more than 70 workers. It will produce polyurethane components used in construction, the automobile industry, furniture and shoes, and the production of household appliances.
Building began on September 9, 2008.
The company Izolan is primarily involved in the production and sale of polyurethane systems for rigid and elastic penopolyurethanes. The joint venture with Dow Chemical was set up in November of 2006. Its polyurethane focus includes setting up plants to make the material.