Dow: The Texas cracker is expected to resume operation at the end of April

According to news from ICIS New York on March 16, the Chief Financial Officer of Dow Chemical said on March 16 that it is expected that by the end of March, the operating rate of the cracker in Texas, the United States, will increase to 80%, and it will be fully restored by the end of April. Production because the company is recovering from the effects of severe winter storms and freezing.

Howard Ungerleider, Chief Financial Officer of Dow Chemical, said on a conference call organized by JPMorgan Chase: "From today onwards, I am pleased to announce that in addition to a set of devices located near the Sepin River, Tao All of the cracking plants in the U.S. Gulf Coast of the United States have been put into operation, and the Sepin River cracking plant will be restarted at the end of this month."

Anglade expects that all Dow Chemical plants affected by the winter storm will continue to increase their operating rates from the end of March to April, as the company has to deal with some raw material shortages and repair freeze damage. He said: "In general, I want to say that we expect that by the end of March, our asset utilization rate in Texas will reach 80%, and full production will resume at some point before the end of April."