HONG KONG - The Dow Chemical Company, Midland, Mich., has completed the acquisition of Pacific Epoxy Co., Ltd., a manufacturer of converted epoxy resins in Korea, from Saehan Industries, Inc. Dow had previously acquired 80 percent of Pacific Epoxy Co., Ltd., in January 2001.

Dow has now become the 100-percent owner of the Pacific Epoxy Co., Ltd., facility in Kumi, Korea. The 30,000-MT (66-million lb-per-year) converted epoxy resin plant currently supplies brominated, solid and solid-solution epoxy resins for use in protective coatings, electronics and specialties.