Yahoo Finance Dow Chemical, Preferred Technology Boost DustPRO Production
The Dow Chemical Company (DOW), in collaboration with Preferred Technology, an affiliate of globally-renowned proppant technology manufacturer Preferred Sands, announced the increase in production and capacity of DustPRO. DustPRO is the only economical proppant solution which reduces silica dust exposure in conformity with all the OSHA (Occupational Safety and Health Organization) norms.
Several successful wells, in which air samples around workers were found to meet the silica sand exposure limits set by OSHA, increased the demand for DustPRO technology.
The DustPRO solution incorporates Dow’s patent-pending Preferred DC technology and checks the level of respirable silica and fugitive dust in the proppant supply chain through all the sand transfer points. It increases the productivity and safety at well-site without using bulky mechanical silica dust collecting equipment. This solution is now being manufactured at Preferred’s terminal in Henderson, CO, and Preferred Sands in Genoa, NE.
Preferred Technology plans to ramp up the production of DustPRO — the only silica dust preventive solution — to meet the rising demand in the North American market. Along with additional Preferred coating sites, the company plans to install DustPRO units directly at its customers’ facilities.
Dow Chemical is considerably satisfied with its efforts to create a preventive and sustainable solution for the hydraulic fracturing industry. This further supports the company’s relentless focus on meeting the varied needs of the oil and gas industry through its extensive product portfolio.
Dow Chemical is a Zacks Rank #3 (Hold) stock.
Some better-ranked companies in the diversified chemical space include Celanese Corporation (CE), Johnson Matthey plc (JMPLY) and LyondellBasell Industries NV (LYB). All these carry a Zacks Rank #2 (Buy).
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