Dow and Other U.S. Petrochemical Companies Continue Their Long Term Move Offshore
Dow's closing of their ethylene and derivatives plants in Hahnville, Louisiana is simply another move in the long term flight from domestic production which began in the early 1980s. What the article implies is that Dow's move is the result of competition from foreign producers, but fails to mention that Dow (and all of the other major domestic petrochemical producers) are joint venture partners in these new ethylene complexes in the Middle East and Asia.
Source: GKG Group
