Dow and Mitsui have postponed phase two of their joint venture to build a production unit to manufacture biopolymers for packaging from sugar cane-derived ethanol.
Dow told FoodProductionDaily.com that the decision to delay the second phase of the joint venture was driven by an escalation in costs to design, construct and operate the facility, as well as uncertainties around land ownership legislation in Brazil.
Tags: ethylene, sugar cane plantations, original deal, Brazil, “historic next step”, innovative polymer solutions, renewable feedstocks, economics, market conditions
Source
FoodProductionDaily, 2013-01-07.
Supplier
Dow Chemical Company
Mitsui & Co., Ltd.
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