6/27/2000

DOW AND AMERICAN ELECTRIC POWER
REACH AGREEMENT TO DEVELOP NEW COGENERATION
PLANT TO SERVE DOW IN PLAQUEMINE, LA.


PLAQUEMINE, La., June 27, 2000 – Officials of The Dow Chemical Company (NYSE: DOW) and American Electric Power (NYSE: AEP) have signed a letter of intent that will lead to the construction of a new, state-of-the-art, cogeneration plant at Dow’s Plaquemine, La., chemical complex. The 900-megawatt, natural gas-fired power plant will provide electricity and steam to Dow´s Plaquemine facility. Construction of the $325 million plant is expected to begin in 2001 with start-up scheduled for 2002. The facility will be developed by AEP and operated by Dow.

"This power plant will enable Dow to be more energy efficient in producing over 50 different products at our 23 units and allow us to grow to meet the needs of our customers," said Chris Mudd, Dow’s Energy Commercial Manager for Louisiana. “Dow has generated its own power in Plaquemine since 1957 and is one of the largest co-generators in the world." Dow has a long-standing commitment to co-generation since this technology combines efficiency gains with a reduced impact on the environment. Earlier this year, the U.S. Environmental Protection Agency and the Department of Energy recognized Dow’s leadership in co-generation with the Energy Star Award for its Texas energy project.

Ross Metersky, director of project development for AEP, added, “This new facility will bring much-needed generating capacity to Louisiana using environmentally and energy efficient technology." Capacity or energy received by AEP from the project is intended to be sold under long-term contract(s).

AEP Pro ServSM, Inc., will provide engineering, procurement and construction services on the project. AEP Pro Serv is the non-regulated professional services arm of American Electric Power. AEP Pro Serv provides its clients with a full array of project management, environmental, engineering, construction, operations, technical services and maintenance expertise. The AEP subsidiary is currently developing a six-unit, 500 MW, gas-fired facility in Ceredo, West Virginia for Columbia Electric Corporation, and a three-unit, 510 MW, gas-fired facility in Northwest Ohio for National Power Cooperative, Inc., a wholly owned subsidiary of the Ohio Rural Electric Cooperatives.

Dow is a leading science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. With annual sales of $19 billion, Dow serves customers in 162 countries and a wide range of markets that are vital to human progress, including food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow and its 39,000 employees seek to balance economic, environmental and social responsibilities.

American Electric Power is a multinational energy company based in Columbus, Ohio. AEP is one of the United States´ largest generators of electricity with more than 38,000 megawatts of generating capacity. AEP is also one of the nation´s leading wholesale energy marketers and traders. AEP delivers electricity to more than 4.8 million customers in 11 states -- Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia. The company serves more than 4 million customers outside the U.S. through holdings in Australia, Brazil, China, Mexico and the United Kingdom. Wholly owned subsidiaries are involved in power engineering and construction services, energy management and telecommunications.


---

News releases and other information about Dow Chemical Company can be found on the World Wide Web at http://www.dow.com.

This news release contains "forward-looking statements" within the meaning of the Federal securities laws, including (1) statements concerning Dow Chemical Company´s or American Electric Power´s plans, objectives, expected performance and expenditures and (2) any and all underlying assumptions and other statements that are other than statements of historical fact. There can be no assurance that actual results will not differ materially due to various factors, many of which are beyond the control of American Electric Power and Dow Chemical Company, including, but not limited to, competition, the timely availability of major equipment, regulatory and legislative changes, the receipt of acceptable third-party approvals, as well as changes in general economic and financial and commodity market conditions. Furthermore, historical results may not be indicative of Dow Chemical Company´s or American Electric Power´s future performance.

For More Information Contact:

Pat D. Hemlepp
Media Relations Manager
American Electric Power
614/223-1620

Donna Carville
Public Affairs Manager
The Dow Chemical Company
225/353-1824

More From APCO

Take Charge

Save Money & Energy - Now & Later

Sign Up Now Pay Online for Free with Paperless Billing

Pay Online for Free with Paperless Billing

Learn more

Download our app

How We Restore Power Learn more

How We Restore Power

Visit AEP.com
Use of this site constitutes acceptance of the AEP Terms and Conditions. View our Privacy Policy. © 1996-2019 American Electric Power. All Rights Reserved.

Privacy Policy

Privacy Policy for Appalachian Power, a unit of American Electric Power (AEP)

Scope

This Privacy Policy applies only to AppalachianPower.com and the Appalachian Power customer mobile app (com.aep.customerapp.apco). Other AEP websites and apps may be governed by their own privacy policies, appropriate to the uses and needs of each. Throughout the site or app, we may provide links to resources and sites that are not part of AppalachianPower.com or the Appalachian Power customer mobile app. This Privacy Policy does not apply to those resources and sites.

Consent

By using this site or app, you consent to the terms of this Privacy Policy. Whenever you submit information via this site or app, you agree to the collection, use, and disclosure of that information in accordance with this Privacy Policy.

Information Collected

  1. Passively collected information

    During your use of this site or app, we may collect anonymous information about your visit here through the use of server logs, cookies, scripts, tracking pixels and other Web traffic tracking systems. This information is aggregated and used to improve user experience through analysis of user activities. This information is never combined with any of the personally identifiable information you may provide in your use of the features of this site or app.
  2. Personally identifiable information

    On certain forms of this site or app, you may be asked to provide information about yourself or your account with us, either to identify yourself to us or to request a service from us. In each case, we will inform you what information is provided at your option and what information is required to complete the transaction or activity you are engaged in. If you are unwilling to provide this required information, you will be unable to complete the requested transaction.

Use and disclosure of information

The information you provide to us will be used to respond to requests you may make for services. Some or all of this information may be added to your permanent account record and may be used for research purposes.

In addition, we may use elements of this information in the following situations:

  1. We may transfer the information to Appalachian Power’s affiliates and subsidiaries, unless such transfer is prohibited by law;
  2. We may transfer the information as part of a merger, consolidation, acquisition, divestiture or other corporate restructuring (including bankruptcy);
  3. We may make the information available to third parties who are providing the product, service or information that you have requested (but not your password);
  4. We may make such information available to third parties who are providing services to Appalachian Power (for example, providing the information to third parties performing computer-related services for Appalachian Power);
  5. We may use the information to communicate with you about products and services that may be of interest to you.
  6. We may disclose the information if we form a good-faith belief that disclosure of such information is necessary to investigate, prevent, or take action regarding any illegal activities or regarding interference with the operation of our site or violation of its terms of use; or
  7. We may disclose the information if we believe that disclosure is required by law or regulation or in response to a subpoena or other order of a court or other governmental agency.

Appalachian Power uses Flurry Analytics Service (provided by Yahoo) in order to improve its mobile apps. Flurry’s privacy policy governs the use of this information.

Also, Appalachian Power reserves the right to share any aggregated information (i.e., non-personally identifiable information) with any third parties for any reason, unless prohibited by law.

We will not sell, rent or otherwise disclose the information we gather about you or your account to any third party, except as outlined in this Privacy Policy.

Security

Appalachian Power takes reasonable steps to protect your personally identifiable information as it is transferred to us, through the use of Web technologies such as the Secure Sockets Layer and others. However, no Internet transmission of information is ever completely secure or error-free. In particular, e-mail sent to or from Appalachian Power may not be secure.

How to Reach Us

If you would like to update your personally identifiable information or if you have questions about this privacy policy, please contact us.

Changes to This Policy

Appalachian Power reserves the right to change this Privacy Policy at any time. If this Privacy Policy changes, the revised policy will be posted to this site. Please review this Privacy Policy before you provide any personally identifiable information through this site. Use of our web site after the posting of a revised privacy policy constitutes your consent to the revised policy.

This policy was last revised on December 13, 2017.

Close ×

Sign Up For Alerts

Subscribing to APCO alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Win an Xbox One with Alerts!

Enroll in alerts to be eligible to win. Subscribing to I&M alerts gives you instant notification for:

  • Billing & Payments - avoid late payments and disconnection
  • Outage Updates - find out if there's an outage at your address and when power will be back on

Loading video...

×