Joint Ventures

Where 1+1 = >2
The Plastics businesses of The Dow Chemical Company (Dow) are focused on your growth and success in both existing and emerging markets. This means providing you with the latest in products and technologies, and a reliable supply of high-quality products.

To achieve that, Dow draws upon a vast history of knowledge, commits millions every year to ongoing research and development, and collaborates closely with customers to meet their needs. However, Dow also knows that it doesn’t necessarily have all of the answers all of the time. As a result, Dow wisely looks outward for ideas and opportunities to complement and enhance its strengths.

This has yielded several joint ventures with companies where the sum of Dow’s combined strengths add up to much more than the individual parts. The result is a win-win situation for the joint ventures, Dow and you, delivering competitive advantage in, for example, more comprehensive local support, improved access to low-cost feedstocks, increased opportunities for rapid growth, and much more.

Learn more about Dow's Plastics joint ventures and the value they bring to you.

LG-DOW Polycarbonate Ltd. LG-DOW Polycarbonate Ltd. is a 50:50 joint venture between LG Corporation and The Dow Chemical Company, the leading chemical companies in Asia and the world, respectively.  LG-DOW combines the strength and capabilities of its parent companies with the logistics flexibility to meet customer demands in Asia for CALIBRE™ polycarbonate resin.  Based in Korea, this joint venture has close proximity to China and other growing markets in Northeast Asia.
The SCC-Dow Group The Siam Group (SCC-DOW Group) was formed in 1987 in a series of joint ventures between The Siam Cement Public Company Ltd. and The Dow Chemical Company (Dow). The SCC-DOW Group is now comprised of 5 operating companies, which are 49% owned by Dow:
  • Pacific Plastics (Thailand) Limited
  • Siam Synthetic Latex Company Limited
  • Siam Polystyrene Company Limited
  • Siam Styrene Monomer Co., Ltd. 
  • Siam Polyethylene Company Limited
Equipolymers Formed in 2004, Equipolymers B.V. (Equipolymers) is a 50:50 joint venture between The Dow Chemical Company (Dow) and Petrochemical Industries Company (PIC) that manufactures purified terephthalic acid (PTA) and manufactures and markets polyethylene terephthalate (PET) resins.  The parent companies each offer unique strengths and capabilities that make Equipolymers a unique force in the PET industry, and that position it for global growth. As a subsidiary of Kuwait Petroleum Corporation, PIC brings critical raw material integration in both oil and gas to the venture, while Dow brings more than 80 years of plastics experience and technology.  Focused specifically on PET market needs, Equipolymers offers a track record of growth, experience reliability and customer collaboration to lead the way in PET.
Equate Petrochemical Company K.S.C. EQUATE was established in 1995 as a joint venture between Petrochemical Industries Company (PIC) of Kuwait and Union Carbide Corporation, which is now a wholly owned subsidiary of The Dow Chemical Company (Dow). PIC and Dow each hold a 42.5% ownership, with an additional 9% held by Boubyan Petrochemical Company and 6% held by Qurain Petrochemical Industries Co.  EQUATE’s world-scale plants supply polyethylene and ethylene glycol to markets in Asia, the Middle East, Africa and Europe.
Oman Petrochemical Industries Company, LLC In 2004, The Dow Chemical Company (Dow) finalized a joint venture agreement with the Government of Oman to build a petrochemical complex that includes a gas cracker and three world-scale PE plants – all based on state-of-the-art catalyst and process technology.  The joint venture is owned 50% by Dow, 25% by the Government of the Sultanate of Oman, and 25% by Oman Oil Company.  It combines Oman’s natural gas resources with Dow’s technology, global market franchises, and operational excellence. Located in the Sohar Industrial Port Area, the complex will further strengthen Dow’s access to low-cost feedstocks, and ability to supply the fast-growing markets of Asia.


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