Dow Chemical to Increase Capex in 2015 as Key Projects Reach Fruition
Dow Chemical to Increase Capex in 2015 as Key Projects Reach Fruition
SUGAR LAND--January 30, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Dow Chemical (NYSE:DOW) (Midland, Michigan) plans $3.9 billion in capital expenditures (capex) for 2015, up 9.2% from in 2014, as key growth projects come online, company executives said Thursday. Chief Executive Officer Andrew Liveris said during the company's earnings conference call that Dow expects to start up the first units in its Sadara joint venture project with Saudi Aramco in Jubail Industrial City, Saudi Arabia.
Within this article: Fourth-quarter earnings results for Dow Chemical (NYSE:DOW), with details on the Sadara project and several others in Texas.
Other companies featured: Flour Corporation (NYSE:FLR)
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