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On October 6, Dow announced at its 2021 Investor Day that it plans to achieve more than $3 billion in EBIT growth, driving Dow's introduction of circular and low-carbon products across its portfolio and a global asset base.
achieve zero carbon emissions
.
Short-term capital and operational growth investments are expected to generate approximately $2 billion in additional EBITDA, and the new net-zero carbon ethylene and derivatives complex is expected to provide approximately $1 billion in EBITDA annually through 2030
.
Dow Chemical's capital and operational growth investments include:
Dow Chemical's capital and operational growth investments include:Packaging and Specialty Plastics: Capacity expansion for polyethylene and functional polymers; further feedstock flexibility; implementation of next-generation low-carbon, low-cost technologies, while accelerating the transition to higher-margin products that unlock added value through increased productivity
.
Packaging and Specialty Plastics:
Industrial Intermediates and Infrastructure: Additional capacity for high-margin polyurethane systems, downstream alkyl oxoates, specialty amines and isocyanates, providing solutions for next-generation infrastructure, capturing pharmaceuticals, cleaning, sustainable textiles and those requiring carbon reduction Demand for applications grew while continuing to shift its product mix towards higher-margin applications
.
Industrial Intermediates and Infrastructure:
Performance Materials and Coatings: Capacity expansion for silicone polymers, adhesives and sealants, and coating adhesives and acrylates to accelerate downstream growth, leveraging global scale and broad portfolio of innovations in key end markets including basic facilities, electronics, mobility, home and personal care and coatings) offering differentiated solutions and sustainable materials
.
Performance Materials and Coatings:
These projects are supported by emerging global demand for more sustainable materials, reducing carbon emissions through enhanced conversion processes, waste reduction and renewable energy, among others
.
Dow also announced plans to build the world's first net-zero carbon ethylene facility and convert its plant assets in Fort Saskatchewan, Alberta, Canada, to create the first net-zero carbon dioxide 1 and 2 Carbon emissions complex
.
Dow Chemical has committed to reducing annual net carbon emissions by another 15% by 2030 (since 2005), and annual net carbon emissions by approximately 30%
.
Dow also announced more carbon reduction actions, including more renewable energy deals in the Americas and Europe
.
Earlier this year, Dow's plant in Terneuzen, the Netherlands, announced it would invest in clean hydrogen, carbon capture and electronic cracking capabilities
.