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Dow Intros New Technology for PWR Plants - Analyst Blog

Posted
8/12/2013 11:36:00 AM
By: Zacks.com
Referenced Stocks:CYT;DOW;EMN;FAC;PWR

The Dow Chemical Company 's ( DOW ) business unit Dow Water & Process Solutions (DW&PS) has introduced a new technology - DOWEX MONOSPHERE 1400PC Cation Resin for Pressurized Water Reactor (PWR) nuclear power plants. The technology helps in enhancing plants' sustainability and reliability.

The new technology, which was launched at the 2013 Electrical Power Research Institute (EPRI), strengthens a plant's reliability by minimizing anion resin kinetic degradation related with the use of ethanolamine (ETA), which is further used to reduce flow-assisted corrosion (FAC) and iron transport within the secondary water systems.

DOWEX MONOSPHERE 1400PC Cation Resin is specially designed to address the problems related with ETA in condensate polishers. It delivers high-quality water to the steam generator for uninterrupted power production.

The trial test for DOWEX MONOSPHERE 1400PC Cation was conducted at Diablo Canyon Nuclear Power Plant in Avila Beach, Calif, which experienced rapid kinetic impairment of the anion resin.

The new tool provided by DOWEX MONOSPHERE 1400PC helps facilitate sustainable full flow condensate polisher operation. It can also be paired with the DOWEX MONOSPHERE 550A anion resin for use in PWR mixed bed condensate polishers.

Dow Water & Process Solutions is a global leader in sustainable separation and purification technology. It makes water safer and more accessible, food taste better, pharmaceuticals more effective and industries more efficient.

Dow reported mixed second-quarter 2013 results on Jul 25. The company's profit soared in the quarter on strength in its agriculture business and a sizeable gain from an arbitration case. Adjusted earnings beat the Zacks Consensus Estimate, while sales missed. Gains across agricultural sciences and performance materials were offset by declines in feedstocks and energy and performance plastics.

Dow is benefiting from strong fundamentals in agriculture and food markets, and is leveraging its North American feedstock advantage. A string of innovative products in its pipeline adds to its strength. However, weakness in the electronics and construction end-markets may continue to affect moving ahead. Moreover, Dow still faces challenges in Western Europe and is exposed to significant pension headwinds.

Dow currently holds a Zacks Rank #3 (Hold).

Other companies in the chemical industry worth considering are Northern Technologies International Corp. ( NTIC ), Cytec Industries Inc. ( CYT ) and Eastman Chemical Co. ( EMN ). All of them hold a Zacks Rank #2 (Buy).



CYTEC INDS INC (CYT): Free Stock Analysis Report

DOW CHEMICAL (DOW): Free Stock Analysis Report

EASTMAN CHEM CO (EMN): Free Stock Analysis Report

NORTHERN TECH (NTIC): Free Stock Analysis Report

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