Dow and Crystalsev to invest US$800 mln in a PE plant that uses sugar cane ...

Dow Chemical Co. and its Brazilian partner Crystalsev, plan to invest US$800 mln in a polyethylene plant in Brazil to produce plastics from sugar cane instead of petroleum as feedstock. The jointly owned plant will be based in Santa Vitoria, in the southeast state of Minas Gerais. The new plant will start producing 350,000 metric tpa of polyethylene resin by 2011.