The Dow Chemical Company, founded in 1897, has experienced hundreds of years of development. With its strong R&D advantages, its basic chemicals business has established a leading position in the world. But by the mid-1990s, Dow Chemical was at a crossroads, that is, the fundamentals that Dow had been standing on were no longer good: some of Dow’s housekeeping products rose to fame during World War II. After more than a century of development, the threshold of many difficult processes has been lowered, and global competition has become increasingly fierce. The basic chemical business is greatly affected by the industrial boom cycle, and at the same time, the marginal profit of large-scale production is decreasing.
Dow has been undergoing changes for a century, and its polyurethane business department is also undergoing changes. After more than 60 years of growth, Dow has become the world’s largest polyether polyol manufacturer, and is also the largest manufacturer of MDI and TDI is a major producer of high-quality aromatic isocyanates, and also a major supplier of propylene oxide, the main component of polyether polyols.
In China, the development of Dow and the reform and opening up of the new China have experienced 30 years of ups and downs. At present, Dow’s polyether polyols have no factories in China. Relevant statistics show that its global production capacity is about More than 1.6 million tons/year. Dow’s rigid foam polyether compounds can meet the various requirements of domestic and commercial refrigerator manufacturers in terms of production efficiency and product performance.
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