Published on 24 May 2024 on Zacks via Yahoo Finance
DOW Expands SAS Chemicals Capacity to Boost Sealant Range
Dow Inc. DOW recently announced a capacity expansion in its minority ownership investment in SAS Chemicals GmbH, a specialty chemical producer of sealants and components used in the manufacture of insulating glass, to provide a more comprehensive facade offering.Dow's silicone insulating glass sealants have been utilized in commercial structural glazing applications for over five decades, providing outstanding UV protection and structural capabilities while also motivating designers to create novel architectural possibilities for glass facades.More than 70% of the world's top 20 tallest structures, according to the Council of Tall Structures and Urban Habitat, are bonded with Dow technology. Dow now provides a greater choice of high-performance adhesives and sealant solutions for insulating glass makers owing to the capacity expansion at Germany-based SAS Chemicals GmbH.As part of this capacity development, SAS Chemicals will reinforce operations in Germany and increase production in Turkey, which is well-positioned to serve the worldwide market and supplement current SAS operations. SAS Chemicals' Turkey facility is slated to commence operations in June 2024.Shares of DOW have gained 12.3% over the past year compared with a 2.7% rise of its industry.
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